We await the assay results, but can any geos out there comment...

We await the assay results, but can any geos out there comment on the 180m (so far and continuing) of

"volcanic sequence is variably veined and altered with an overall tendency for vein density and thickness to increase down-hole"

???????????

From all I have read so far, is that the drill cores sound like the ones from Prominent Hill, and the ground layout is similar to Olympic Dam (with a little less overburden)

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The Billa Kalina Project is located 70 km north-northwest of the Olympic Dam copper-gold-uranium mine, and 45km east of the more recent discovery and mine development at Prominent Hill, South
Australia. The company’s primary target at Billa Kalina is the deep drill testing of the Billa Kalina Gravity anomaly which is wholly contained within the granted exploration licence EL3170. This drilling is being undertaken with partial funding from the South Australian Government via the PACE initiative. The gravity anomaly covers an area of 7km x 2km and is considered to be highly prospective for iron oxide-coppergold-uranium styles of mineralisation.

The first hole, BKDDH02 (of a two hole program) is positioned on the flank of the main gravity feature (Figure 2) and has reached a depth of 496 metres (as at 29/07/07). This hole has passed through the base of the Permian sedimentary cover sequence at a depth of 317m and has intersected a thick sequence of basaltic
volcanics which continues to the current base of the hole. The volcanic sequence is variably veined and altered with an overall tendency for vein density and thickness to increase down-hole.

The company is encouraged by the results to-date in BKDDH02 and drilling is continuing. In order to expedite drilling rates at Billa Kalina a second drill rig has been sourced and is currently drilling the pre-collar to hole BKDDH01, located above the peak gravity response. This pre-collar is currently at a depth of 108 metres.