The drilling from the 1960's was to an average depth of 140m. 4 holes.
My guess is they will twin the holes that had the grade, just to prove the result, and expand width and depth to test the potential size.
They have mentioned a 1200m drill. It will be helicopter supported and the drill crews arent cheap so they will want to be in and out as fast as possible.
After all that is done, if there is even minor consistent grade, they will have interested people out there that will want to buy in.
Ann: Drill Permit Approved to Test Carb Lake, page-55
Add CAZ (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.458M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 78828 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 44000 | 2 |
View Market Depth
| Last trade - 11.13am 02/10/2024 (20 minute delay) ? |
| CAZ (ASX) Chart |
Day chart unavailable