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Ann: Renard Project Update, page-15

  1. 1,362 Posts.
    lightbulb Created with Sketch. 2034
    It sounds like they've found something drilling at or near the Ridge Zone (originally drilled by MTC):

    "Due to the exploratory nature of drilling in the Ridge area, as well as the characteristics of mineralisation in the area, a more substantial body of drilling has been required to be completed before a coherent interpretation of assay results can be developed and presented."

    I read this as saying:

    • they've found something of potential economic value around Ridge Zone
    • they don't yet have the drill data necessary to understand the peg and/or its mineralisation and/or its context in the wider system
    • they therefore cannot write the area off as uneconomic and useable for surface infrastructure
    • dusters or tiny hits would not require further exploration and interpretation.
 
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