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Drill Plans, Including Cathedral

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    I'm trying to work out if the initial drill plan got upgraded at any point for any prospects.

    One that stands out is Cathedral. The 5000m drilled in Cathedral is more than RPM South, and is quite close to RPM North and Korbel Main - the 2 resources guaranteed to yield results.

    Going back through old presentations, I didn't see mention of how many meters were planned for Cathedral, but I found that RPM South was planned for 3000m, the same as has now been completed. But Cathedral only got a side mention - "Commence drill testing additional Korbel targets, including Cathedral, Isabella and Blocks C & D.".

    Does this side mention suggest 5000m - almost as much as RPM North? Not in my eyes.

    Interesting. If we're still waiting on assays, then they're probably not obliged to disclose anything yet. If they had noted visible gold, even that may be optional to disclose to market, while it could be a signal to change the drill plan to add additional holes to Cathedral, instead of moving onto a new target.

    Any thoughts whether Cathedral was always planned for 5000m, or whether the drill meters got upgraded along the way?

    I'm a relatively new shareholder, so I wouldn't have the memory of lots of old presentations, so maybe some people can remember old presentations showing the numbers of drill holes planned for Cathedral etc. Cathedral has 12 holes completed, and the length of each hole is roughly normal compared to the other targets.



    https://hotcopper.com.au/data/attachments/4780/4780842-c839dd254d4ab0263ba849e39e77075a.jpg


    https://hotcopper.com.au/data/attachments/4780/4780839-177afcc8cc675deccc8313b2357ba96e.jpg



    You Beauty gets a side mention. "Drill tested this year (Assays pending)."

    But not enough to get a mention in the Drilled Meters presentation slide.

    Cathedral is a winner (visible gold etc) and You Beauty is not?


    Last edited by danbradster: 26/10/22
 
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