So the last of the drilling for the next MRE have been completed. Thats my read of it.
16,753m in total since maiden,
I have around 4,000m of those in the South Zone (SZ Drill holes). The remaining 12,700m in the Main Zone (MF Drill holes).
Maiden JORC was based on below drilling.
Below is hole MF-207 which came out just after the JORC and will feed into the update. They have spent approx $8m drilling and evaluation since the maiden JORC. Highlighting the current MRE mineralisation.
While I don't think the update will blow anyones socks off, I think it will be a solid.
At $25m MC its good speculative buying at these levels IMO, but can still go lower. We are beholden to the sector gods.
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So the last of the drilling for the next MRE have been...
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