If you take a good hard look at their sketch in the report ( the cross section sketch), hole 2 would have gone down the throat of this thing if it had been at a slightly lesser drilling inclination and the results likely would have been as per hole 1. As it is we have just glanced outside of the envelope for the deposit with hole 2.
Hole 3 will not be great because this is mostly outside of the deposit envelope. Holes 4 and 5 are reasonably positioned but I really would like to have seen a hole drilled at 270 azimuth (ie, due west) as this would follow the trajectory of the surface copper profiles. Anyhow, they are now moving 500 metres to the west for the next series of holes
All in all, I dont think the report really adds or subtracts from the potential
And lets not forget Kaskara which is shortly to be drilled because the old workings show the deposit does extend at depth and we have a discrete geophysics target already outlined there below the old workings.
SBR Price at posting:
21.5¢ Sentiment: Hold Disclosure: Held
