HVY 0.00% 6.8¢ heavy minerals limited

I think you can take this paragraph as a positive - the ground...

  1. 1,010 Posts.
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    I think you can take this paragraph as a positive - the ground has just been upgraded.

    • Drilling results and performance, coupled with the passive seismic interpretation indicates a deeper than anticipated limestone basement and sporadic occurrences of a thin calcrete cap at shallow depths. Due to the deeper limestone basement the company has changed its drilling contractor to one with a larger, more suitable drilling rig. This will allow HVY to complete the 12,000 m drilling program prior to breaking for the end of the year and with minimal disruption to HVY’s plan of rapidly defining a resource and moving to the study phase of the project. Having this larger rig on site will also allow HVY to expand upon the existing program by targeting mineralisation both deeper and across a wider area of strike.
    Last edited by TTrader: 15/11/21
 
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