SVY 3.23% 3.2¢ stavely minerals limited

The Company’s interpretation is that drill holes TCRC109 and...

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  1. 25 Posts.
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    The Company’s interpretation is that drill holes TCRC109 and TCRC110, completed in January 2009 in the western zone of the Junction Prospect, have been mis-located and were in fact collared approximately 100m to the east of the recent drilling – a data entry error with the easting of TGRC110
    entered as 642788mE rather than 642888mE, with the same 100m west transposition affecting TGRC109 (and for that matter, also TGRC111).

    The Stavely Minerals team has since confirmed this interpretation after reviewing archived historical records. Stavely Minerals believes the incorrect location for drill holes TGRC109 and TGRC110 has been perpetuated for some 15 years in databases, reports and drill hole location plans, as a data entry
    error, ever since the drilling of those holes

    Since SVY was listed in 2014, not really sure CC can be blamed, unless i am reading this wrong...
 
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