So ALL of the drilling was already completed a month ago ! A strange way to run an exploration program !, Most companies would do the drilling and sampling in stages making sure that they were achieving results before spending all of their cash ! A 5,000 m drilling and multi-element sampling does not come cheap; they only had $2M on June 30th, They will need all of this current batch of samples to come in above grade, if they are expecting the SP to rise for their next CR.
Still the top 10 metres does look interesting, if there is plenty of potable bore water available and it is truly an "Ionic clay" it might support a heap leach operation, certainly looks like it might be a better bet than IXR or DM1 !
TAR Price at posting:
3.1¢ Sentiment: Hold Disclosure: Not Held
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