Ann: Drill Results from Black Dragon, page-10

Nammuldi - they said Anglo did reconnaissance drilling over the prospect!! They wrote about the geology of the hosts (somewhat superficially, mind you).

Disappointing in that 12 out of 15 splits were previously reported with visible mineralisation. The results suggest that maybe more careful guidance should have been given there. Loose with the precautionary principal between suggestive findings in the field and expectations established in the market. Poor reporting. Given that Anglo did get hits at depth my interp was flawed to expect VRX might get same, based on the few clues provided. The very shallow depth to weathering threw me a bit of a red herring too.

But at least they didn't go and do a raise on that last report.