What a good and understated announcement. This drilling occurred on the lake's perimeter incl the palleovalley; it was universally productive of SOP and the depths averaged 100m
Just taking those 13 hole's results and applying, unscientifically I admit, to the old JORC result one could speculate as follows 100 m/4 m x 24.4m/t = 610 m/t.
This campaign has already derisked the resource side of LD and BSE should provide an update analysis promptly.
With some 20 + holes planned within the lake, firm figures will get closer to a final new JORC resource level of confidence.
These drilling results should be available within 2 months and clarify numerous ligit questions for the RWD market.
What a good and understated announcement. This drilling occurred...
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