Argonaut will soon announce the commencement of a drilling campaign at Alford, as has been stated in recent ASX releases to commence in November after the crop harvest.
Obviously, this is a sideshow to the main game, being the Torrens Drilling by Straits.
In a perverse sort of way, Hillside, with its unsuccessful recent drilling campaign at Alford has possibly enabled Argonaut to refocus, redirect and fine-tune a better drilling program at Alford.
So, while we have the eager anticipation of the Torrens drilling program, we will have an interesting sideshow in Alford.
And lets not forget 3 years ago in 2007 when Argonaut commenced a drilling campaign at Kroombit, almost "smack-bang" in the middle of the Torrens drilling.
As a matter of interest, check out the ASX announcements in 2007 :-
13 Dec - 'Daughter' Drill Hole Under Way at Argonaut's Torrens Project, South Australia
28 Nov - Final Zn-Cu Assays from Argonaut's Kroombit Deposit
01 Nov - Argonaut-Straits Drilling Campaign Under Way at Torrens
26 Oct - New Zn-Cu Assays from Argonauts Kroombit Deposit
17 Oct - Argonaut strikes further Zn-Cu intersections at Kroombit project
08 Oct - Further Assay Results from First Drill Hole at Kroombit Zn-Cu Deposit
05 Oct - Assay Results from First Drill Hole at Kroombit Zn-Cu Deposit
02 Oct - Approval Granted for Land Based Drilling at EL3195, Torrens
12 Sep - First Argonaut Drill Program Results Include Visible Zn and Cu Sulphide
09 Aug - Drilling Starts Today on Argonaut's Kroombit Zn -Cu Deposit
31 July - Lake Torrens Project
30 July - Argonaut Secures Final Approval to Allow Confirmatory Drilling of Kroombit
And superimpose the announcements to the price chart of Argonaut in that period of time! ... where the share price rose from the teens to peak at 78c in mid October.
So, expect an ASX release very shortly to announce the commencement of Alford drilling.
There appears to be no Native Title claims here!
So drilling should commence very shortly ...but of course ... only if the locusts allow us!!!.
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