PRX 0.00% 0.3¢ prodigy gold nl

Ann: Co-Funded Diamond Drilling Underway at PHD Gold Target, page-2

  1. 4,838 Posts.
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    Wow - ghost town in here and no response to the announcement.

    If I read this right on Fig 2 they have still have planned more of those green blocks areas of 3 big blocks of aircore drilling to fill in the gaps between the known historical RC drill areas that admittedly do have some half decent results in them. The currently completed aircore drilling is the big black squares and I don't hold high hopes for them.

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    I know they are getting this 250m "Wildcat" diamond hole at half price due to the NT government contributing towards costs but I find it strange that they wouldn't do the aircore drilling in those green blocks first, before deciding to drill their 250m wildcat hole, anyway, on the cross section its a big step back so they will be heroes if that deep hole comes up with decent thickness and grades... I'm guessing there is a time limit by the NT government so they might be in a "use it or lose it" deal with the NT government co-funding.
 
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