Great news regarding the four aquifers that have been hit on Hole 2. Interestingly, I don't remember there having been any mention of aquifers being found on DH1 - does anyone recollect this being mentioned in previous announcements? All I could find from the last Red Valley Drilling Update (01/05) was as follows:
"Red Mountain Mining Ltd (RMX or Company) is pleased to advise that it has reached target depth of 1,000
feet for drill hole 1 at Red Valley. Samples have been taken and will undergo laboratory analysis."
Lastly, from today's announcement, I note the comment "Analyses for lithium levels are ready for hole 1" in the last paragraph. Does this intimate that there were brine samples taken from DH1 (which would indicate that aquifers were hit)? Could management be delaying the release of DH1 results due to a lack of lithium presence in the first round of assays?
Ann: Red Valley Drilling Update, page-14
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