The good thing is that by the time the assays come out for the first hole drilling will already be underway on the next hole. Roughly one hole per month drilled. First hole wasn’t necessarily the best target, it’s the closest to the edge of the lake, chosen for practical purposes, only 1500m from edge so costs lower as they gain experience of drilling on a salt lake etc better than doing it well into it the lake where they would have to pump water for many km, close to camp for travel etc. It’s a 8-10 hole Phase one drilling so many opportunities to find something and they already know it’s an IOCG system.
ARE Price at posting:
2.5¢ Sentiment: Buy Disclosure: Held
