"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
ERN Price at posting:
15.4¢ Sentiment: Hold Disclosure: Held