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Ann: Riqueza Drill Permitting Progresses Steadily, page-49

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  1. 911 Posts.
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    Does anyone know the reasoning for seeking drill permits for the NE area first?. Alteration ridge and surroundings is their best bet I reckon. BHP and Anglo American seem to be chasing high sulfidation domes (excluding Lara ground) and they are similar to or the extention of the alteration ridge based on satellite images.

    Drilling NE area may result in similar hits as their previous drill campaign(nothing exciting) and the risk is them running out of money before they find anything worthwhile. The terrain doesn't look like a junior territory in the first place and they need to be very disciplined with their targets.
 
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