DSE 4.08% $3.29 dropsuite limited

Sue, these days it takes more that 2 - 3 weeks, more like 6 - 8...

  1. 2,223 Posts.
    Sue, these days it takes more that 2 - 3 weeks, more like 6 - 8 weeks or more!
    Below is from RAU ann.

    "SAMPLE ANALYSIS TIMING
    A number of shareholders have contacted the Company over the past few months querying the
    timing of receipt of analysis results. With the huge increase in exploration and mining activity in
    Australia over the past few years, typically the turn-around time from despatch of samples to
    receipt of sample analysis is now six to seven weeks, considerably longer than it was a few years
    ago when exploration results could come back within 24 hours.
    Despatch of the samples does not occur immediately the drill rig finishes a hole. In the case of
    Reverse Circulation (RC) drilling, where a sample of drill chips is produced, the samples for
    analysis are not despatched until the hole is geologically logged by the geologist and the samples
    either split or composited, whichever is required. This can take 24-48 hours from the time of
    drilling. In the case of Diamond Drilling (DD), where a cylinder, or core, of solid rock is produced
    as a sample, the process is much more involved. The diamond core is first cleaned and then it is
    oriented to make sure its orientation relative to the rock strata is known. It is then geologically
    logged by the geologist, photographed, marked and cut with a diamond saw into two halves. Half
    the core is then bagged and despatched for analysis. Geological logging of the diamond core is a
    very detailed process and can take days or weeks, depending on the amount of core involved and
    the number of geologists available."

    Lou
 
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