I doubt this announcement will excite the market, but I am reasonably happy with it. PDI continues to prove up a low-grade resource and has demonstrated continuity north into the Saman permit. The new modelling seems to raise the possibility of a more substantial higher-grade lode too.
For me, though, any quick SP gains are going to be dependent on results from these two holes (the ones I asked for after the last announcement!):
"Assays are pending from a further two west to east diamond drill holes, drilled respectively 80m and 160m south of KKODD013, which will provide further insight into the distribution of the mineralised lodes at depth."
They have the potential to close off the ore body to the south, but I am hoping they will reveal wider veins AND a higher-grade zone, perhaps at depth.
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