Announcement from CRB today
- Carbine has completed its 2021 drill program testing the higher grade (99.7% - 99.9% SiO2) Eastern Area*
- 233 holes were drilled along existing tracks for 1,892m producing 1,088 samples
- All samples have been delivered to Intertek Genalysis for assaying, first results expected in January 2022
- Lines 1 and 2 run parallel and are closely spaced, sufficient to undertake a Mineral Resource Estimate
- Widenbar and Associates have been engaged to complete the Mineral Resource Estimate
- Independent Metallurgical Operations have been engaged to undertake process studies on the excess sample material
- Program of Work application underway for 2022 drilling program
The company is certainly not dead based on this announcement - things are happening.
A successful result from the drilling campaign leading to a strong mineral resource estimate would certain be welcomed by all shareholders.
The company has indicated they are planning a further drilling campaign in 2022 and last time I looked they had cash in the bank to fund continued operations and further drilling.
Announcement from CRB todayCarbine has completed its 2021 drill...
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