down dip down structure, page-25

Tastarga...

You have provided the perfect example of what happens when one comments for comment's sake, without actually understanding what is going on.

Your comment...

"About all it has demonstrated is the drillers are competent IMO.

If the IOCG target at depth is the main game, why wasn't the hole taken down a couple of hundred metres further?

In actual fact, the hole was abandoned due to it being poorly targeted (running off?)...this is mentioned in the announcement. The hole was meant to intersect the deeper mag/grav target, but appears NOT to have lifted as clearly intended given the drill location.

This is not surprising, because the inclination of this drill, constantly hitting the easterly dipping high grade shoots, would constantly cause the bit to want to head vertical. They could push harder of course and try to lift it...but sometimes this simply does not work!

Regardless however, the main "target" of this "down-dip" drill was never actually reached, because the drill clearly did not go where they wanted it to.

Further, you ask what would have happened if the drill were located sat 12m east or west...I suggest theu would have got similar results...and this is the point of the importance of this drill in my mind. The zone they are targeting is almost 100m true width in places...this is the significant part to me.

Interestingly, they have yet to intersect the interpreted contact between one of the high-grade shoots and the granite/granite breccia contact margin...I would suggest we may see ome interesting results if they do. This would be my next target here.

In the meantime, hole "18" gives us answers to what is going on with the high-grade shoots...and most importantly, their impact on the likely economics of the granite breccia.

Again, 259m at 1.2% Cu...AFTER they removed the high grade lenses...is a significant result!

In my view, it isa always a good idea to drill scissor holes, as you say...and at times, equally important to drill the odd down-dip holes.

They are all part of the mix in my view...and should be investigated on their merit before summarily discounted by flippant three-line posts.

Would you not agree?

Cheers!