Just that one hole alone demonstrates that the mineralisation thickens within the zone from the indicated to the inferred boundaries. Based on this observation, we can confidently anticipate that the upcoming MRE will be exceptionally substantial.
Interestingly, Stellar has completed 23 of the 24 holes for a total of 8,861 meters. This program was supposed to be approximately 9,500m of diamond drilling. And there are still two rigs on site and operating at present?
As they say in the announcement - 'given the recent success of the current drilling program at Heemskirk the Company is planning an extension to the drill program and will advise on the details once planning is completed.'
Despite what others may think here, I gather that SRZ is strategically safeguarding its asset rather than allowing management to self-serve. I believe it recognises its value and strategic importance to the global supply chain as a 100% owned entity in a secure mining jurisdiction within a sovereign-trusted and stable country such as Australia. Everything else around the globe is compromised one way or the other, including our neighbours which are 50% Chinese owned.
Why are the results taking an unusually long time to be delivered? Perhaps the plan is to prevent them from falling victim to opportunistic takeover offers before the market is adequately prepared to take on a new supplier of stable Tin.
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