You drill where the chances of success are the highest, drilling close to where known gold is the best option and then it’s about following the geophysics/geochemistry and structural settings. So out of the 4 settings to drill there are 3 present, it’s just about following the science and to determine to know to walk away from the prospect or drill more.
There are other prospects in the portfolio to follow up, so there will be more news flow. Geological models are about interpreting the data and adjusting accordingly.
In the end as an investor you diversify your risks knowing that failure and success are inevitable. Sometimes a company will find something special and you ride it to the promised lands and beyond.
RML Price at posting:
5.7¢ Sentiment: Buy Disclosure: Held
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