Ann: Drilling Continues to Improve Potential Scale and Grade, page-3

  1. 6,781 Posts.
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    Yes however for the second time in as many weeks we here of near term open cut operation - new "highway zone" seems priority with that or perhaps "maybelle" after excellent early hole result with more drilling being planned - but highway zone looking imminent. They perhaps are looking at the new open cut 20m-40m wide strip at HZ as the easiest low cost first choice option as opposed to mining the extensions of CB and other good options and leaving the more complex - much larger mine for later and then the underground operations below CB which need more drilling - I can see CB as the priority of long life open cut/underground operation with various satellite open cut pits contributing.

    Interesting funding - CR ahead. May 2021 the CR of 15 million dollars with 10 being to institutional & sophisticated investors - perhaps they will participate again - no reason not to as progress continues positively.
    Recall also 2 directors buying substantially on market late last year and up until May this year around 8c.

    Just a waiting game for now as it always is with junior exploration companies but very happy to wait.
 
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