Looking at KAI-159 cross section I think ALK will need about 1km long hole to test about 50m below 159 and to push the hole about 100m pass the mineralisation. Such hole will obviously hit the dyke first.
If ALK is to test down-thrust from Solar Fault it seems ALK will need to drill about 1.7km long hole. Yes, this is long hole but I think it will be worth drilling it if ALK shows grades are improving further and/or getting closer to a causative intrusion like at 094.
Drilling below Reids Fault is something else as here ALK may need to break a record and drill over 2km hole. But with 094 there is huge area below the hole and above the Reids Fault that can be tested with a wedge from 094 and trigger lot of excitement.
I was told ALK is drilling now around 094 but I can't spot the rig even on today's image.
Looking at KAI-159 cross section I think ALK will need about 1km...
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Last
62.0¢ |
Change
0.005(0.81%) |
Mkt cap ! $374.1M | |||
| Open | High | Low | Value | Volume |
| 62.5¢ | 62.5¢ | 61.0¢ | $456.1K | 735.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 27298 | 61.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 62.0¢ | 7478 | 3 |
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| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
62.0¢ |
Change
0.005 ( 1.27 %) |
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| Open | High | Low | Volume | ||
| 62.5¢ | 62.5¢ | 61.0¢ | 212721 | ||
| Last updated 15.59pm 17/05/2024 ? | |||||
| ALK (ASX) Chart |