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Ann: Operations and Corporate Update - 64North Project Alaska, page-93

  1. 2,996 Posts.
    lightbulb Created with Sketch. 1052
    I think they are just releasing the results to market as soon as they are available - like they are supposed to.

    As far as a hit goes, this could go well or not at this stage, but looking at the available information, RML seems well placed. They have their first 1.5 holes which management have said have already achieved their purpose, that is a good sign. I could list all of the quotes from those interviews, but i think if everyone is serious, they would have already been listened to by everyone.

    If we do not get our intended result this week, i feel we are well placed anyway. Looking at the maps, NST's prospects are the same colour as a lot of the ground RML is going to drill this year:
    https://hotcopper.com.au/data/attachments/2119/2119265-4fc4d442c6b03918b877117a6a271ef2.jpg

    Looking at the the amount of pegged ground that RML have around the area looks very promising. Look at all the same coloured ground once again and compare it to RML's pegged areas. Look at the Sth Pogo - where the map gets cut off, it seems that the ground to the south is unpegged there. Also where the sign says Echo Targets and East Pogo on the above map all look promising.
    https://hotcopper.com.au/data/attachments/2119/2119272-fad8b255b003763edba2240bdb9c9056.jpg
    I like the look of the LMS-X area as a nearology play too and there must be some things worth looking at in the Divide and North Pogo regions as well. That road doesn't look to far from Sth Pogo, Eagle and LMS-X either. I hope very much we find what we are looking for this week as it could be the start of identifying a precinct. On the flip side, if the results do not come strongly, it might be a buying dip opportunity before the real finds in the current drilling program.

    We lie in wait.
 
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