LCL 0.00% 0.9¢ lcl resources limited

Ann: Quarterly Activities Report and Quarterly Cashflow Report, page-2

  1. 5,541 Posts.
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    Not sure why the quarterly was marked price sensitive this was all in the market

    I can see why they raised cash when they did, that is a lot of expensive drilling they are doing with three diamond rigs currently operating and an additional two about to join the action, this will ensure some very solid news flow.

    No mention of the illusive hole 27, This from only two weeks ago suggests assays could be very close.
    any thoughts?

    “Given the recent results of TS-DH24 which shares the same drill pad as ’25 and ’26, we expected very
    good results near surface, which was clearly delivered in both new holes. The enormous 330m interval
    at ~1g/t gold encountered in TS-DH25 is far wider than anticipated and bodes well for potential
    mineralised volumes extending further northward and to the northeast. All attention is now on pending
    assays results from TS-DH27, sited ~100m northeast of TS-DH25, as this has the potential to
    dramatically expand mineralised volumes to the northeast towards Tesorito North.
 
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