Good to see CHR are going to use the ANT geophysics to extend the search for undercover pegmatities. CXO have been using this technology successfully for quite a while at Bynoe and EG1 advise they have been using it also at Bynoe since November 2022. Fast forward to now it does beg the question why are we slow off the mark. Better late than never I suppose but we only have a finite time window to do our exploration before we hit the wet season so we should be throwing everything we have at optimizing our chances of success. Similar comment applies to the early drilling at Megabucks where drilling was too shallow whilst everything tells us from the other explorers at Bynoe we need to go deepish. The lack of results there as a consequence saw a significant fall in the share price from which we have yet to recover. We seem to have a exploration program at least initially that has been far too conservative in its approach ( maybe trying to be too frugal with the $$). Anyhow, I am still keeping the faith and am pleased to see we are now drilling deeper, although belatedly, across our lease, also no more vertical holes "so far" after the first two duds near Blackbeard given that its pot luck you hit a steeply dipping pegmatite with verticals ( lesson taken on board I hope given the holes missed and only the subsequent inclined hole there hit the pegmatite ) and now finally, hoorah, seeing what others are doing we are now going to use the same sophisticated geophysics ( ANT) as they are to move things along.
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