OAU 12.5% 0.9¢ ora gold limited

Ann: Red Bore Starting To Come Together, page-33

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  1. 3,471 Posts.
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    From:

    Deeper diamond drilling is currently being planned, with final decisions on the number and location of the holes to be made when all assays have been received and all relevant data, including from planned down-hole geophysical surveys, has been compiled and collated with the drill logs.

    To:

    Thundelarra anticipates that all the relevant technical data will have been collected, reviewed and interpreted to identify follow-up drilling targets, and reported within seven days.

    To:

    The next follow-up stage at both prospects will be a programme of deeper diamond drilling. Detailed targets are currently being prepared as the final results of the downhole surveying are received and incorporated in to the conceptual model. Anticipated timing is the next Quarter.

    In just on a month.

    No drilling until October when the report on 15/7 set the expectation that diamond drilling was being planned and that will probably mean no results before New Year then potentially nothing until May next year because of the wet season. Can't blame the management team for the results but they can be blamed for poor shareholder management.
 
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