Mate, they're diamond drilling to interpret & further understand the complexity of the geological setting/geometry as it clearly has numerous factors controlling the mineralisation.
Diamond drilling doesn't necessarily mean you've found something material, it's what can be used as an instrument to understand the mineralisation to further target the system appropriately in that Western Lode.
However, the Main Zone looks encouraging with a clear extension along strike etc. Upon further drilling - should string up an initial Inferred resource.
I think holders need to see MHC as a termed investment, if suitable/fitting their individualised investment portfolio. Clearly, holders expectations were out of line here.
This was MHC's second campaign, patience & conviction is needed with this underexplored region & large 100% ownership along the tenement range, with tier 1 regional targets both to the North and South (Base metal prospective to the South too).
Plenty of cash, well-experienced management, a great register & supporting top 20 holders. Think about the information disclosed to the market & reassess your position, along with the terms of your original investment before selling out. Rome wasn't built in a day.
I look forward to further drilling, as we proceed to further unlock the region with an aggressive, systematic & methodical approach.
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