Hi all exter`s, I do read the post`s on HC but am very slow on the keyboard so don`t post much. I do hold EXT and dicided to add the positive and negative for discusion, all comments welcomed. Husab project hloes drilled ( 15) results released (10) pending (5) as follows.
HHD01 14mtrs at .109k/ton U308 HHD02 5mtrs at 1.853k/ton HHD03 2mtrs at .143k/ton HHD04 2.25 m at .272k/ton HHD05 8mtrs at 2.316k/ton plus 6mtrs at.890k/ton plus 14m at1.063k/ton HHD06 nothing released at present HHD07 4.5mtrs at .184k/ton HHD08 HHD09 and HHD10 nil results at present HHD11 4.5mtrs at 1.246k/ton HHD12 41mtrs at .361k/ton HHD13 5mtrs at .126k/ton HHD14 9mtrs at .205k/ton HHD15 nil results released at present Before someone picks me up i have not posted all results for some of the holes. A possibility of 4 senarious for the 5 holes not released.
1 awaiting results of assays 2 no uranium in any of the 5 holes 3 results good just need to published 4 results exceptional rechecking analysis prior to release I beleive it could be a mixture of all 4 going on previous assaya to date. Ida East anomaly new zone 1klm of strike 800 mtrs east of Ida Central spectrometer readings indicate U308
Hildenhof zone 2 klms of strike with moderate to strong anomalism. Rossing South 2 parallel targets RAD drill rig being sourced work approvals being sought with namib gov likely to be granted considering prior cooperation. ELP3328 granted ELP3327 and ELP3439 pending again probable will get areas.
Recent raising provided $2.405 mill working capital.
Burnakanura Gold project some senarious follow.
1 stopework best areas, crush and extract minerals, lowering throughput costs. 2 Borrow extra funds to extend drilling and workings (not a goog alternative) 3 Borrow more money to buy out partner and continue mining area, worse than sen 2 4 Once stoping and extration completed, put on care and maintainence prior to offloading project.
Thanks for taking your time to read my ramblings.
Regards Madprof, by the way i am of the same vintage as U Baz without his computer skills.
EXT Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
