@manza - I agree, and thanks for making me go back and have another look at the results by hole. Holes RCF024006, 008 and 009 all seem to have good mineable widths of close to 20% with 006 getting above the 9% target from around 25 meters. That area certainly seems to be what they were looking for to get some early cashflow to help the NPV and economics of the project.
The above is from the figure 3 on page 4 of the announcement and the distance from hole 006 to 009 appears to be around 500m based on the scale on the map.
Whilst the yellow lines of the grades in the charts below are from hand held magnetic data and not lab tests, the charts on page two of the announcement show that the yellow line is a reliable indicator of expected lab results - which what Bryan is saying at the bottom of page 1 of the announcement.
HIO Price at posting:
3.5¢ Sentiment: Buy Disclosure: Held
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