Overall I am quite pleased with the week's news and progress SP-wise, although a higher finish would have been preferable.
I think that we saw a good clean-0ut of stale shareholders yesterday and Wednesday. Today was very subdued by comparison - only 100k of shares during trading on the ASX, then some window dressing in the auction to push the SP back a tad.
I know that VHMS cu/au hunting in the Bryah is very hard work. It needs the right ground. It then also needs just about the full gamut of exploration techniques to do a thorough job - in rough order:
A review and assessment of previous exploration by other explorers.
Other research eg with RNI what happened at SFR, TLM, H Lights. M Hawke's paper. F Pirajno's paper.
As good an understanding as possible of the geology of the area.
Surface assessment.
Soil sampling.
Geochemistry of the soil sampling.
Mapping.
Surface geophysics eg fixed loop electromagnetic survey (FLEM)
Scout drilling.
Assays of scout drilling, including alteration signs.
Targeted RC drilling and more assaying and analysis.
Diamond drilling where necessary.
Sub-surface geophysics eg down hole electromagnetic survey (DHEM).
It all takes time! However, the news in the last ann tells me that there light at the end of the tunnel for both Orient and Cuba - diamond drilling coming up!
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Overall I am quite pleased with the week's news and progress...
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