NWC 0.00% 2.0¢ new world resources limited

Ann: RIU Explorers Conference Presentation, page-34

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  1. 97 Posts.
    lightbulb Created with Sketch. 17
    Thanks 2ic
    Based on 50m/24hrs then we would already have completed the original 1600m target drilling length

    From the 5th February announcement
    RE the Bulhorn anomaly. The Company intends immediately mobilising a second drill rig to expedite testing this high-priority undrilled target.
    Following initial enquiries, it appears likely that a second rig could be mobilised to the Antler Project in the coming weeks.

    So drill rig may not have started yet at Bullhorn

    "The Company recently commenced a drilling program to test the high-priority Discus Copper Prospect at the Javelin VMS Project, located approximately 75km to the south-east of the Antler Copper Project. With drilling expected to proceed there for at least several months more, the Company intends mobilising a second drill rig to the Antler Project as soon as practicable."

    The fact that we are drilling for several months more means we have hope even if not found much in the first holes.

    At Sandfire, the big strike was "Conductor 1" which was inside a much larger magnetics anomaly. Some may be fools gold, some maybe red gold.

 
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