It is unclear, but judging by the spacings of the cross sections, there's nearly 30 lines, at generally 100m apart, this graphic looks over 3klms long. Which is exactly what todays graphic on page 6 shows. But it does not include OP & OR, IMO.
So what we have seen so far at Jaguar is the roughly the first 30% of the cluster of targets (excluding OR & OP of course).
IMO, they won't drill much deeper at this stage to establish more resources. A bit of a trade off between preserving funds and getting a strong first up JORC.
Plenty of drilling to come at Jag Central and Jag North that has already had outstanding results from Vale if you pick through the Aug 6 result, but nothing drilled by CTM.
Still not fully appreciated by Aust investors, IMO, otherwise it would be double in price already.
A "heart" posted on another thread once said that execution & resource risk is more of a problem than sovereign risk. Its not like were in Burkina Faso or some other African countries overrun by terrorists. Just sayin'....
HB
Ann: Trading Halt, page-13
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