I might be wrong but this seems a filler announcement while we wait on some actual drill results. An 80 metre increase in strike length using rock chips is good but not a step-change in potential.
Also sort of explains why Stria is saying its a 12,000m campaign and Cygnus keeps saying its a 10,000m campaign (10,000 m yet to drill and 2,000 m drilled but waiting on assay results). As I just touched on in a post on the Widgie threads, the time currently being taken to get assay results is just killing any sort of momentum from explorers like Widgie and Cygnus. Demand supply principles don't seem to be working in the minerals services sector.
CY5 Price at posting:
40.0¢ Sentiment: None Disclosure: Held
