I would think it will take a coupe of months to get result back...

I would think it will take a coupe of months to get result back from Black Craig:
- A month of drilling
- A month to inspect and provide lab results

?

So we are most likely looking at new years announcement. This would be preferable as the market goes to sleep heading into the Christmas/New Year period.
However does the company legally have to make an announcement within a certain period of time once they get the results? Would be painful to get the results announced the week before Christmas when many are already on holiday - then everything is forgotten by the time the markets start moving again in Jan.