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1.0¢ eclipse metals limited.

Drilling...November!!!, page-2

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RedBullish

983 Posts.

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06/11/17

23:23

Post #: 28554393
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Originally posted by Chrimata ↑

I wasn't able to make the AGM today myself but I was able to get in contact with someone who went. So from what I have heard management and the drilling contractor will be out on site at the end of this week and beginning of next to make sure the contractor knows the exact location. In total 20 holes will be drilled totalling 1000m. If the drill campaign turns out to be successful (which management are confident of) then this will be followed up by another campaign at depth. We should receive visuals by the end of the year and assays in January. I have no doubt going through historicals, gravitational surveys and rock chip samples that this deposit will be deeper than expected and require a follow up campaign. Management are quietly confident and have interest from Asian parties regarding DSO. Considering we should get visuals within the next 54 days and assays within 85 days this is an easy sit and hold as it re-rates with confirmation of high grade manganese. For such a small market cap and the upcoming news, this is an easy one. The wait for drilling Mary Valley is finally over!

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Great news! Cheers for the update.

Pretty excited about this one.

EPM Price at posting: 1.0¢ Sentiment: Buy Disclosure: Held
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