The Bollinger mineralisation starts about 300m below surface. The rock is hard but solid, so easy to drill if maybe a bit slow. A good rig should do 25-45m a shift, a bit less as it gets deeper. So if they double-shift (day and night) they could get 50-90m each day. So a new hole might be into mineralisation after 4 or 5 days if they are drilling 25h a day. I am not sure when they collared these latest holes though. Friday probably, one they'd completed the Bollinger-1 hole.
Great press commentary from Mark Bennet in the West Australian this morning: "..the guys on site said it looked exactly like Nova", and well covered by the Financial Review too.
(This is not financial advice and I am not a financial aviser)
SIR Price at posting:
$2.85 Sentiment: None Disclosure: Not Held
