MHK metal hawk limited.

A bit hot still out West of Leinster for heritage surveys. It...

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    A bit hot still out West of Leinster for heritage surveys.

    It will be an extensive, time-consuming survey, on foot, to clear all those extra lines they spoke of in the announcement. Which is how you have to do it: you clear ALL possible drill lines at once, for both the stage 1 drilling and any potential Stage 2 drilling. Because if you find anything in your initial drilling program, you do not want to then wait six months for a second heritage survey for the follow-up work. Tedious and time-consuming, but necessary.

    https://hotcopper.com.au/data/attachments/6760/6760373-f8e064531e66b676163616ae25e02ad4.jpg



    So, their stated schedule seems realistic:

    https://hotcopper.com.au/data/attachments/6760/6760379-c859e1e5a910f60861ce05dcd121a1ea.jpg


    I would expect the full heritage survey to be completed by end this quarter. A report will then be issued to company. Clearing for access roads, drill lines, sumps and pads can then commence early next quarter, followed by rig mobilisation, 2 or 3 weeks of drilling, geological logging and sampling, transport of samples to the assay lab, and whatever turnaround the lab can provide for gold assay results.

    Drillhole assay results late May / early June perhaps? So, no great hurry yet.

    (Onceover is on a moderately strong dose of reality)




    Last edited by Onceover: 24/01/25
 
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