Good. Start next month.
As has been stated, the White Deer Reef is interpreted to be derived from the same mineralising event as Hobbs Pipe which has a total rersource 770k oz AU. White Deer appears to have two veins and the drill programme will be in 2 stages and movement is now at last coming and it looks like they have action plans all around I would say.
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Phase One:
to target vein mineralisation between surface and 150 metres, over a strike length of approximately 200 metres.
Phase Two:
to test the projected reef position at the approximate mid-point between surface drilling intercepts and the 2013 intercept in GHD011 (of 1.2 metres at 58.6 g/t Au from 624 metres downhole); as projected in Diagram 2 below. This collar position will also test other potential gold bearing veins between the Hobbs Pipe and White Deer Reef that don’t have surface expressions. Gold bearing vein mineralisation in GHD009 was reported to intercept 2 metres at 28.4 g/t Au from 506 metres downhole and 2 metres at 59.4 g/t Au from 514 metres downhole;
and is interpreted as being a separate vein. It will be the subject of testing as part of Phase Two.
If a further resource can be added to Hobbs Pipe 770k oz gold resource then we have something worthwhile in the gold sector as well as Halls Peak targets to look forward to as well along the way.
(20min delay)