With 10 holes being dug at at average of 220m each that is good news. Atleast they are comming out with the plan and have realised some data from the survey warrents such depths. I guess they may have found some signs that were not visible in last shallower drilling and want to investigate. Atleast with a 10 hole programme you can guarantee a JORC resource by Q2 2012.
They may well space holes 100 mtrs appart to give a confident measured and indicated result and thus allow for infilling later. Thats if initial drilling results from Survey plan can match up. All in all good news.
Does any one have anythoughts on the "detailed discussions with a number of parties to continue our 2012 exploration programme" part. Not sure who else would now be involved as DRG,NGS DashMeg, and Drilling contrator are already involved... Or is this just fine print with these contributers?
Well I will bet a warm beer in Mongolia that we will have some pleased within a week with the words "drilling commenced"
ann, page-9
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