The 2007 announcement for the 24mt JORC was carried over a nominal 5kmx5km grid.
http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=00694723
This time the drilling was over a much larger area - 96m2.
http://rewardminerals.com/index.php/component/jdownloads/send/37-2015/241-ld
Also phase 1 was supposed to be just 6 holes, located at the northern section of LD - see map.
However more than 6 holes have been drilled and areas further south were drilled - see map.
http://rewardminerals.com/index.php...2015/321-ld-project-phase-1-drilling-complete
It looks like the company perhaps changed strategy as the holes drilled for phase 1 now don't match the initial phase 1 plans.
This may explain why the resource estimate has taken longer than expected in addition to the problems of operating the machinery on the lake. Perhaps MR has gone beyond the initial plans so as to make these results as watertight as possible.
If so there is a risk that the resource estimate comes up closer to the levels specified in the May 2014 preso.
Lower: 237mT and upper 296mT
http://rewardminerals.com/index.php/component/jdownloads/send/5-2014/160-company-presentation
Are others seeing more drill holes spaced over a wider area than the original phase 1?
Unless I'm missing something (let us all know), I lift my resource estimate to 300mT +
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