RWD is part way through a 3 month drilling and evaluation...

RWD is part way through a 3 month drilling and evaluation project for its expanded tenement's most of which have not been drilled previously. It has been assumed that the governments fly over survey confirmed a larger system of sop which rwd then used to expand it tenements and with minimal testing concluded that the mother load was to be found in LK with further sop in lakes and valleys down stream from LD to LK. Drilling and testing to date seems to confirm that part of the mother load maybe outside our current tenements which we are now applying for. It appears that the current drilling and evaluation plan is to not only assess sop values in our tenements but to also ensure that we have not missed part of the system we believe is in place and maybe allow a competitor to stake a claim.

For the impatient investor this maybe frustrating that we have not gone straight to the mother load LK and drilled the crap out of it. Strategically to ensure we have the whole system and not just part of it will be crucial when the big companies come knocking on the door to get part of the action or all of it in a T/O. Drilling, testing and increasing our known deposit of sop through other lake and valley systems in our tenements will ensure we have a confirmed resource and may assist in drilling the right locations in LK. LK is so big we may need a drilling plan to ensure we are drilling in the right location.

Cheers all ns
DYOR