Spot on - the June 2008 Quarterly contains some sensational snippets like:-
1. the Tumas - Tubas palaeochannell system is 2.28 times longer (80km) than original explorers investigated (35km). This is a significant upgrade
2. JORC code resource will be calculated next for Tumas, once undrilled gaps and open zones have been drilled out
3. Airbourne Electro Magnetic data indicates deeper channel sections not tested by previous explorers
4. These deeper sections will be targeted
5. Drill rigs at S-Bend have been moved to Tumas (where they are now chasing JORC with infill drilling)
6. Tubas trench returns 1,638 ppm over 10 meters - that is simply outstanding - and importantly is from surface
7. Further Tubas trench assays are 2 to 3 months away - priority is being given to samples from JORC orientated drilling campaigns
8. Tubas is free-digging down to around 11 meters
9. bulk samples collected (at Tubas trench) for trial bench-scale leach tests currently being conducted
10. the host sands at Tubas trench will be mapped out and drilled - (evidently a very high grade area)
Nothing wrong with this news.
announcement, page-10
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