Still getting very small buys coming through knocking the price down by half a cent each time, the next assays must be coming through any day now, so potentially the price is being held down in anticipation they will jump on strong results.
Holes 6, 7, 9 are definitely in the lab, and 10 & 11 should be finished the detailed logging by now as per the last report. Hole 11 is smack in the middle of ore intersections and will hopefully yield continuation of the mineralised zone, thicker than hole 5 too. It makes sense geologically when aligned with holes C-115, C-114 and the recently drilled WT-20-05, as the sediment contact with the Leatherwood is the mineralised zone.
Hole 12 should be even better again. If the plumbing and mineralisation is on trend, and as it is nearly Christmas, I will take a punt at 17-18 m of mineralisation at around 2% Cu, including zones of 9 m at around 3% Cu. Hopefully Santa has a gleaming blue and black sack from all of the chalcocite and bornite he's giving the kids. They probably want playstations though.
EM2 Price at posting:
34.0¢ Sentiment: Buy Disclosure: Held
