We have drilled a SECOND-deep hole with an RC pre-collar hole to 603 metres followed by a diamond tail at an azimuth of 60 degrees to intersect the quartz-vein packages hosting the gold mineralisation. The diamond tail has intersected the dolerite target at 720 metres downhole and is currently at 850m in the dolerite. We expect to finish the diamond tail on the Friday 19th January.
This was yesterday’s report,
The diamond tail has intersected the dolerite target at 720 metres downhole and the end of hole depth was 920.5 metres.
The costs are high at this depth to chase the gold if it’s there. So over time they might put another few drills down as there is the rock to host the gold.
MRP Price at posting:
11.5¢ Sentiment: Buy Disclosure: Held
