SPQ superior resources limited

As a result of the use of a Schramm 660 RC drill rig, the...

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    As a result of the use of a Schramm 660 RC drill rig, the program has progressed at almost 200 drilled metres per day, which is double the expected daily rate of RC drilling at the Project area. Significant overall program cost savings have been achieved as a result. Consequently, and in the interests of cash management and to enable effective management and processing of geological information, the drill program has been temporarily paused. This has enabled the planning of additional new holes for each of the lodes and also adjustment of other holes as a result of geological information obtained from the recently completed holes.Resource drilling is planned to recommence at the Steam Engine Lode during August 2024

    It seems due to doubling in meters drilled per day cost savings have been achieved. The pause says it’s for the planning of additional new holes for each lode as a result of the cost savings. ( More bang for your buck ). Results from assays are expected in 2-3 weeks and regularly as drilling continues. Fingers crossed on the timing of results but overall it looks positive and promising.

 
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