MEU 0.00% 3.6¢ marmota limited

Ann: West Melton Drilling Update-MEU.AX, page-24

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  1. 831 Posts.
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    My theory is that they extended the drill (which they did) because they had
    some visible signs of minerals and they decided to extend as far as possible before getting
    the sight ready for the farmers in readiness for the next annual seeding etc.
    So they had a lot more samples more than they expected . Also they had to make sure the
    samples were labelled correctly as they did not want any mix ups like they had at Westpoint.
    All that takes a lot more time and they dare not let the cat out of the bag until they are
    100% certain of the results. My theory is 75% certain of some very interesting assays. If the
    drill cores did not have any minerals the assay results would have been announces yonks ago.
    Plus Champion and some good extensions it is possible that they may have a JORC in the making .
    We will see.
 
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