Expanded drilling at Pokali is very positive, but it’s no surprise imo, especially with the positive nature of the second diamond hole geology. In which we should expect to see high-grade copper from upcoming assays imo. Copper prices have only surged since this drilling news so the market should enjoy any decent high-grade copper intersect and hopefully accompanying gold results if managements IOCG style rhetoric is anything to go by!
We didn’t get much information from the RC drilling yet, I guess that geological summary run down could arrive any day now. If they follow up with RC drilling then clearly they got something decent from the RC to continue those RC lines.
A lot of News coming up this month and by the look of things, the market wants to be in for the ride, at least until Avalon and other nearby targets are sufficiently explored with this new cash.
Ann: A$5.6m Raising to Expand West Arunta Exploration, page-39
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