The following is an excerpt, from the 'Conclusion' paragraph from Tony's announcement:-
"The priority drill target for the next exploration phase will be the northeast structural corridor where no drilling has been carried out to date. Multiple high-grade zones appear to be present within the weathering profile in this confined structural corridor. This area offers significant potential for previously undiscovered near-surface high grade oxide gold mineralisation."
Has anyone spoken with Tony as to when they might expect to do the follow up drilling mentioned.
There was about $3.68m left at 31/3/18 and I thought this latest drilling for about 3,715m may have cost approx $700k ,(maybe somebody else has a better idea of drilling costs) which would leave about $1.3m to spend on further drilling.
Hopefully enough to create a brighter picture of the area potential and a bit more buying interest.
Having said that, there hasn't been a sudden rush for the door, so just maybe people are still positive on GG.
IMO
Regards
Dabru
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