SHN 0.00% 1.4¢ sunshine metals limited

Ann: Drilling Commenced at the Coronation Copper Gold Target, page-2

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  1. 3,939 Posts.
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    "The initial program will consist of up to 9 holes (1,770m) to test six gravity anomalies, inferred
    to be massive sulphide pipes and where rock chips up to 13.8 g/t Au have been recorded."


    So 200m per hole should take roughly a day's drilling for RC (without any rig down time from weather, mechanicals) we should have this knocked out in the next 2 weeks.

    RC doesn't provide the same level of visuals as diamond drilling (cores) so will not get any sexy core pics straight away.

    I imagine the team will want to get assays on these holes turned around asap (not sure what delays are atm for labs) and doubt they will go with XRF on site as it's too inaccurate.

    We should know what this holds in the next 3 to 4 weeks with some certainty.

    If they do release some exciting numbers/data on the RC drilling, then there is something special here and if they follow up with a diamond rig asap then there's definitely something special here.

    Let's watch
 
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