It's an encouraging start for Metzke's and as expected they've hit some high grades.
Hard to get excited in this market though, but all market corrections come to an end sooner or later and the current one seems to be at the stage where people are/will shortly start to pick up bargains which are all over the place, DRE being one.
Nothing has changed here, still the same eager team who hold more shares anyone else - just need the pandemic/fear on the pandemic to settle down a bit, which will do so shortly as most people finally top up to their 1,000th roll of toilet paper in the garage and then everyone can breathe easy after that.
From today's ann:
- maiden drilling
- drilling down to ~100m
- results have turned focus away from the shallow oxide intercepts and towards the deeper workings which straddle a significant bend in the mineralised structure
- results:
2m @ 6.8 g/t Au from 79m including 1m @ 12.5 g/t Au from 80m
4m @ 1.9 g/t Au from 64m including 2m @ 3.1 g.t Au from 64m
Upcoming newsflow:
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Hang in there and hoping no one's in too much trouble in general as a result of the corona correction - good times and bounces will be back!
Cheers,
GB.
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