Linliu88,
ASX release dates Monday 31/10/11 stated:
"The drill rig was rotated 180 degrees last week on the same pad (as hole ADH006) and hole ADH007 has now passed 140m depth drilling to the southeast."
It has been taking FNT about 2 to 3 weeks to drill each 400m hole. Hole 7 was at 140m as of last Monday, so would hazard a guess that it's almost finished by my reckoning.
'Will FNT rush the drilling with 4 new drill rigs due to arrive?' The answer is simply NO. Even if they wanted to, with the wet season rapidly approaching and working in rough mountainous terrain you simply couldn't rush the drilling. Even with Peter's experienced drill crews it will take time to complete the current drill program. I would imagine the deeper 1000m plus drill holes will take at least 6 to 7 wks each to complete, going by current drill rates.
A lot of patience required with investing in this one. Wet season slow down is soon upon us. But with 5 or 6 drill rigs soon to be operating at Andewa i would still expect a very steady flow of drill assay results after christmas!
Those first few deeper 1000m plus drill hole assay results ( due early next year) should give us all a much clearer picture of whether Andewa tenement holds commercial quantities of Gold/ Copper to make a world class deposit or not!
Just my opinions of course and always DYOR!
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