KB 150 is the first hole - drilled to 288m - thats 13% of the...

KB 150 is the first hole - drilled to 288m - thats 13% of the first drill programme of 2,300m. And its 0.2% of the agreed 3 year programme of a minimum of 150,000m.

There are a lot more holes to be drilled yet! At this depth about 499 more! Its amazing to think that this drilling programme will require a hole of this depth every two days for the 3 years to total 150,000m!

Does anyone have a good estimate of the cost of this drilling?

"SPM will enter into a 50/50 Joint Venture with Wanguo in respect of the Regional Project should Wanguo:
- successfully reach an additional JORC Measured Resource of 20 million tonnes at a minimum average grade of greater than 1% copper or greater than 10% zinc plus lead; or
- complete a minimum of 150,000 metres of exploration drilling"