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Ann: Trading Halt, page-38

  1. 1,826 Posts.
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    Hi Marc

    I would not write Collerina off just yet. As per previous announcement, 4 of the holes drilled deviated and did not hit the target they were trying to hit. Rather, they missed the target and hit halo (lower grade Cu) interpreted to be alongside the target. They will need to drill the target again using diamond drilling where they can more accurately 'hit the target' (RC drilling is cheaper however deviation from target can be an issue). Frustrating I know.

    GLTA & DYOR
 
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