TON by their own words have now entered the "Resource definition phase". The purpose of which is to publish an Inferred JORC by year's end. To achieve this they have a lot of diamond drilling and assays ahead over the next 4 months. Diamond drilling is slow and assays take a couple of weeks for each batch of cores sent to the lab.
I don't expect a TH for every assay update and expect the updated resource results will be every two to three weeks.
Unlikely any news for a week or two and therefore not likely on Monday for that matter. This is actually a good thing. Periodic drilling updates every few weeks hopefully pointing to a growing and mineable resource and a steadily increasing share price.
Just what the doctor ordered for LT holders who want long term value.
20s tomorrow, page-152
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