IDA indiana resources limited

Wow another 3 months before the next round of drilling. That was...

  1. 4,666 Posts.
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    Wow another 3 months before the next round of drilling.
    That was a bit of an anticlimax.

    Follow up field work
    As a result, the immediate priority for follow up work is to improve geological and structural control over both Naujombo and Kishugu, which can be best achieved through soil sampling, field mapping and increasing the data set of aerial and ground based geophysics. The acquisition of such datasets is expected to enhance the Company‟s ability to define a targeted drilling program to commence in the June Quarter of 2017.

    But this offset it somewhat and keeps some excitement in the waiting.

    Naujombo soil sampling identifies new anomaly
    Prior to the RAB drilling programs, the Company received assay results from previous soil sampling at Naujombo, with each sample assayed for gold, platinum and palladium. The highest recorded gold assay was 811ppb, with an additional four samples of greater than 50ppb. These higher results are distributed along the entire length of the anomalous trend, at the time of the soil sampling, the anomaly was interpreted to extend over 9.5km and greater than 600m wide (Figure 3) . It was pleasing that the RAB drilling confirmed this interpretation.

    Then there is the developing Kipere west prospect.
    All good reasons to hold and good reason for the JB interest.
    There could be some trading opportunities along the way but I am not sure I want to be left out of this developing story.
    W
 
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