A lot to digest here moving forward but a few initial observations:
- 14 new holes more than I was expecting
- They drilled further West
- The resource is not confined to the initial discovery hole bounds
- An excellent intercept of 312m @2.14% cu in AD30W1 including 67m over 4%
- A lot of mineralisation was found after crossing a fault
- Some holes very deep over 2000m
- They will continue to drill next year and it’s no longer an exploration project.
“The exploration project will now be transferred to the Minerals Australia Planning and Technical team for assessment, and next stage resource definition drilling to inform future design is expected to commence in the first half of the 2021 calendar year.”
Looking forward to the next update from CHK.
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