ICL 8.33% 3.9¢ iceni gold limited

Ann: Deep Well Diamond Drilling Results, page-19

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    First diamond drill hole DD0012 started 31st July 2021 at TOTK, and samples from this drill hole arrived at Perth lab prior to 17th September and an expedited assay for gold was carried out on a portion of the drill sample in November according to previous announcements. Another week or so and that will be 5months from first arrival at the lab and a prior 6 weeks to drill out the hole and prepare it to send to the lab I think from previous calculations deep well results took around 5 months + to be announced, all results so far have been uneconomic including the TOTK portion of the diamond drill hole DDOO12. There will be reasons for these time delay's but I find its getting harder to believe its just backlog in the lab. Western Australia has not been affected greatly by Covid yet but it will be. Its highly likely staff shortages in the labs will become a major concern for all mining shareholders and company management alike in the near future.
 
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