These are poor results in light of the expectations for BR.
Looks like they got extremely lucky with their first few hole, especially 28, but per today's announcement "Drill hole 23MERC028 and new hole 24MERC003, appear to have drilled down one of the MFBZ’s explaining the lengthy drill intercepts."
This means they drilled down-dip through the mineralised part but the 'true widths' are poor.
Figure 2 shows they drilled numerous holes around the discovery hole and the grades/widths are not continuous.
They have a few other prospects, but BR, which is what everyone got excited about a few months back looks like a nothing burger.
Cheers
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