PEN 6.00% 9.4¢ peninsula energy limited

Ann: Peninsula End of Year Update, page-6

  1. 1,475 Posts.
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    The map on page three of today’s announcement provides an indication of the BARBER area.
    I believe the company has only relogged a bit over 2,000 holes since 2009.
    In total I think the Nubeth JV originally drilled around 7,500 holes in the area.
    Relogging of the old holes helped to expedite the 53.7 million JORC resource.
    I am guessing that they will relog further holes to aid in the updated JORC calculations for Barber and Kendrick.
    I think there was over 900,000 metres of drilling completed by Nubeth and Pen acquired the database for this drilling years ago.
 
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