More.
For step-out drill holes, these are made in unexplored areas, so successful step-out drill results will have a greater impact on share price than successful infill drill holes. However, unsuccessful step-out drill hits are not as impactful, since the mineralization was never fully assumed to be there in the first place. Step-out drilling uses a 'guess-and-check' approach.
Okvau Gold Project (EMR 100%)
Ongoing extensional drilling at Okvau continues to deliver significant
gold mineralisation, in close proximity to existing resources including:
4m @ 25.28g/t Au from 462m including 1m @ 94.50g/t Au from 465m
(DD23OKV447).
I'm understanding this to mean more gold, so our share price goes up, please correct me if I'm misinterpreting this.
More.For step-out drill holes, these are made in unexplored...
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Last
$4.01 |
Change
0.045(1.14%) |
Mkt cap ! $2.650B | |||
| Open | High | Low | Value | Volume |
| $4.00 | $4.07 | $3.98 | $5.104M | 1.271M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 50 | 16361 | $4.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.01 | 19060 | 42 |
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| EMR (ASX) Chart |