They are not even adding Resource tonnage to Pinafore, the two reported holes are infill to what would be an Inferred MRE that might look something like below based on historical drilling. These holes are more for verification of the historical results, not exploration. The other two holes not yet assayed are likely drilled outside and at depth to test expansion potential of the historically drilled area.., fact they have not yet been assayed strongly indicates they are no good (as expected for junior explorers). No question Pinafore is way too skinny to be economic even as a satelite fed given the large upfront overheads to get any mine permitted, set-up and running etc.
NWC Price at posting:
2.3¢ Sentiment: None Disclosure: Held
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