SMI 0.78% $1.30 santana minerals limited

Ann: Impressive Drill Assays and Metallurgical Testwork Results, page-10

  1. 486 Posts.
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    We must be getting close to new assays. The last announcement was 3 March, 23 days ago.

    At the time of the last announcement, hole 27 had been completed which was another down dip step out at RAS and intersected 30m of Hangingwall shear with visible gold in three places. Hole 23 which is down dip at RAS logged more quartz veining was also pending at the last announcement.

    Holes 24, 26 seeking shallow extension to the east at RAS were complete at the last announcement and hole 28 in between holes 24 and 26 was in progress and had intercepted coarse visible gold in the hangingwall shear.

    Since then the third rig started, so I’m guessing that each rig has drilled another 2 holes in that time for a total of 6 new holes and 5 holes waiting for assays at the last announcement.

    At the last announcement, one of those holes being drilled was hole 29 which was a 200m step out down dip at RAS.

    I’m really looking forward to assays and new drill core observations.

    Bring on the multimillion ounces.
 
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