Yes, as Duke says they have done the hardest part & have what you call Pokie an "Exploration Target".
They also have a Model which seems to be working this time re finding the C Veins. Having found 2 already in fairly limited drilling (11 DHs) is a big plus for the authenticity of the model.
Having found 18 Mineable Intersections from 11 DHs, is very good imo. Plus the Average of 15.6 g/t AuEq is over 5x the MCOG. which is fantastic because it means very low Operating Costs and very high Profit Margins.
So there is a lot to be encouraged about but we need to get throughput of DHs happening faster. It only takes about a week to drill to 200m & it supposedly only takes 7-10days to get Assays done.
The hold up was the cutting, logging & sending off of the cores but they now have a machine to do the cutting so can we expect Results to come more regularly?? One would hope so.
There is a lot at stake especially with a potential Offset Agreement. It may just need Results back from say another 10-15 DH & bingo, who knows?
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