ALR 0.00% 0.4¢ altair minerals limited

Ann: High Grade Copper intersected at Horse Well Prospect, page-431

  1. 1,578 Posts.
    lightbulb Created with Sketch. 67
    hello,

    "Below is a summary of the consolidated entity's operations during the period.
    Olympic Domain Farm-in Agreement (EL’s 6118, 6119, 6120, 6121, 6122, 6183 & 5970)
    During the half-year period the company carried out a drilling campaign and despite three unseasonal weather events that
    resulted in widespread flooding and substantial delays due to loss of access to the drill sites, Cohiba completed its initial
    drilling program
    at Horse Well which comprised four deep drill holes being HWDD01, HWDD02, HWDD03 and HWDD04. As
    at 31 December 2020, the assay results relating to the drilling campaign were pending.
    Analytical results are pending for HWDD03 and HWDD04 . No samples were submitted for HWDD01 which did not show
    any visual evidence of appreciable mineralisation.

    Planning is currently underway for up to an additional 5 drill holes in the Horse Well area which are targeting additional
    discrete IOCG targets as well as potential extensions to the mineralised zone associated with HWDD04 and possibly
    HWDD03.
    Cohiba has engaged the services of some subject matter experts (SME) in the area of IOCG deposits and they have reviewed
    the drill core and the logging data and have provided significant feedback in relation to Cohiba’s program of work moving
    forward."

    just quick questions for the above:
    1. We now know the results for HWDD01, HWDD03 and HWDD04. How about HWDD02? no mention of the results?
    2. When are we going to know the new program of work after the initial drilling program? These new program are the results of services of some subject matter experts (SME) in the area of IOCG deposits and they have reviewed the drill core and the logging data.... hoping better results from the initial drilling program....
    3. Do you know who are the known subject matter experts (SME) in the area of IOCG deposits in Australia?
    4. Regarding the dispute with the vendor, Olympic Dam, how much is the difference in amount on what the vendor is accepting and what Cohiba is suggesting? Does anyone know?

    dyor




    Last edited by lloydray: 13/03/21
 
watchlist Created with Sketch. Add ALR (ASX) to my watchlist
(20min delay)
Last
0.4¢
Change
0.000(0.00%)
Mkt cap ! $17.18M
Open High Low Value Volume
0.4¢ 0.4¢ 0.4¢ $1.2K 300K

Buyers (Bids)

No. Vol. Price($)
17 53343340 0.3¢
 

Sellers (Offers)

Price($) Vol. No.
0.4¢ 104191 2
View Market Depth
Last trade - 12.12pm 31/07/2024 (20 minute delay) ?
ALR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.