MEU 2.13% 4.6¢ marmota limited

Diamond Drilling Completed 12/110/2021, page-10

  1. 207 Posts.
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    I think we need to be a little more realistic in this thread so people have an accurate picture on what the next 6 months looks like.

    What we have in the actual pipeline:
    "Results from 6 extra holes and where , Results drilling NW flank , Visible gold , Pit design results ,Bulk density measurements "
    Additionally as per the the annual meeting we will have a new drilling program in AT late jan early feb and some additional ADI recon.

    For:JORC ,Scoping studies, Feasibility studies.
    We will most likely be waiting for this closer to the end of the year (could be longer) if the Diamond drilling result are good and further exploration is needed as stated by Colin in the annual meeting, especially as we already have an RC dilling program planned.

    He has noted in the AM that the RC drill plan might extend to one of the other 40 gold anomalies but that still has to be decided.

    The next 6 month will be exciting given the data we will receive from the diamond result and rc drilling, as we have found gold at depth previously so more exploring will be great but those result wont be back to earliest march.

    I would note that i am very bullish on meu and have a large portion of my portfolio in them but still think its import to be accurate with future investers.


    https://hotcopper.com.au/data/attachments/3976/3976735-b95203328d5101073159c4b134c41b3c.jpg
    Last edited by Thebigonion: 13/01/22
 
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