GRL godolphin resources limited

Amigos, I'm OK with waiting - Copper Hill East will time. On...

  1. 2,902 Posts.
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    Amigos, I'm OK with waiting - Copper Hill East will time. On page 7 of the Feb presentation, it said the diamond tails of Copper Hill East had been "completed, assays await". My guess is that geologists would be logging the cores (visually look at the mineralisation in every cross section of every core) plus take rock samples and send them to ALS for metal analysis. Once the results of the logging and the metal analysis have been recevied, there would have to be discussion by experts to properly interpret the findings. After that a report is written for release to shareholders. If it turns out that the possibility of a copper-gold porphyry at Copper Hill East remains elusive, then so be it. (These types of systems in this area are generally deep and difficult to pinpoint, IMO.) The preso also said that later this year at Copper Hill East there would be: "IP Survey, extend ground‐ mag & soil survey around magnetic anomaliesPhase 3 drilling". So it will take time for the CHE prospect. (My guess is Lewis Ponds is a much better prospect in the short-term.)


 
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