The main purpose of the drilling campaign is infill drilling to convert inferred to indicated gold ozs. Most drilling was focussed on Link and results from there must be close imo. These are not likely to be bonanza hits but they are are the bread and butter of the mine development program. Of course, we all want more long intersections at bonanza grade and it's drilling at Youanmi South and Midway that could deliver. By my calculation we have received all the results from Jan and should be getting new Youanmi South and Midway results in 2-3 weeks. The second hole at Youanmi South (below) should have a DD tail and will inform width and orientation of the bonanza lode, it would be useful if they drilled a hole on the other side as well. A width as small as 5m at bonanza grade would impress the market and 10 metres would see the SP at 50 cps. A hit like that would have the geos agitating to suspend the Link infill drilling and drill out the new discovery (and rework the SS).
RXL Price at posting:
27.0¢ Sentiment: Buy Disclosure: Held
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