SBL signature metals limited

Hi all,Understandably the thread has gone very quiet, very...

  1. Zia
    4,184 Posts.
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    Hi all,

    Understandably the thread has gone very quiet, very difficult researching and getting an idea of what is going on in Ghana in addition to no announcements from the company.

    I have done a bit of research on other companies and looks like many are experiencing delays with assay results. This is an excerpt from one of Pelangio's releases:

    Drilling Progress and Exploration Outlook

    Including the 10 holes totaling 1,807 metres reported today, Pelangio has completed 45 drill holes totaling 7,219 metres (including SPDD-122, which was abandoned at 44 metres) in its second phase program on the Manfo Property. Drilling is currently ongoing at Pokukrom West, where access to the planned drilling sites was slightly delayed, but is now nearly complete.Current industry conditions have resulted in delays in delivery of assay results, but the Company is working with its service providers to address this issue and will release further assay results in due course.


    Source: May 2011: Pelangio Exploration Intersects 1.53 GPT Gold Over 42 Metres At Pokukrom East On The Manfo Property (pg 7)

    PMI seem to be experiencing similar delays. Even Noble Minerals who have their own on-site assaying have only released a few sets of drill results in the last 6 months.

    But going from SBL's announcement history, company reported the commencement of drilling on 9/12/10 and results came out on 21/02/11. The last notification that RC drilling had commenced at Kwakawkaw was on 9/5/11 so we might get something in the next 2 weeks...we hope.

    cheers






 
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