ERN 0.00% 0.5¢ erongo energy limited

"Short story is no fatal flaws, first assays should come in...

  1. 718 Posts.
    "Short story is no fatal flaws, first assays should come in November, but there will be a break after that;

    -Drill rig arrived with only narrow drill rods which caused the low recovery
    -Wider HQ rods are now on site as of yesterday to enable drilling to restart tomorrow
    -Single shift this week, double shift thereafter
    -First assays come in mid-November
    -Two low-recovery holes drilled, no assays released, but visually appears to be two zones of higher grade (silica + pyrite) in the middle of a larger area of less intense alteration.

    This is all good, and on that basis I'm happy things will get back to on track and come Nov/Dec there is still good potential for this to perform well if they hit anything, which, given previous trenching, they should. However, they only have the rig for one month / 8-9 holes / c. 1,000m! Thereafter it goes up to neighbour Regal, and the company hope to get it back in January."

    Pls dyor
 
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