The key takeout for me in this announcement is that exploration drilling will jump to 10,000m per month. This is a huge jump, when you consider that in the last quarterly (3mths) the two drill rigs only managed 8,200m combined (drilling) or a rate of 2,730m per month. So if the announcement is to be taken at face value, the rate of drilling per month will step up at a rate of over three and a half times!!!
If the gold is there, its pretty clear that we are going to see it in announcements over the next 6 mths, ultimately leading to an inaugural JORC resource
in late Q4 2024.
Interesting times ahead...
The key takeout for me in this announcement is that exploration...
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