The first 3 holes from Reef 1/Crius were released about 5 weeks ago & the market did sweet FA.
I didn't understand it.
The only logical conclusion I could come up with was that 3 holes weren't enough.
When the market saw that the next 10 holes were very similar in character, the stock took off like a scalded cat.
In the current report, they released only the first 4 holes from Reef 2/Hyperion.
The next report should have the next 16 from Hyperion.
Hyperion is 8km in length.
What will happen if those 16 holes show similar mineralisation?
Crius meets up with Oceanus.
I assume in the current renaming process, they will both become Reef 1.
That in & of itself is about 16km of continuous reef - and Oceanus has also had some RC holes pumped into it - assays pending.
Just try imagining the strikes of these reefs - 8km, 16km.
Hop in your car & go for a drive for 8km & 16km.
Even better, cycle or walk it.
The scale of Dante is difficult to comprehend - at least for my tiny brain.
Here's something else to consider: this was the first pass drill program.
Each reef will have its own unique characteristics & mineral compositions; however, for the most part, it all seems to be rather uniform.
The company now has a MUCH BETTER understanding of what it has on its hands which should make the second drill program even more effective.
There is a reason why TM1 has attracted best in class experts such as Scott Halley, Wolfgang Maier & now Evan Kirby: world-class experts working on a potentially world-class deposit.
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