Hi BM,
Sorry in Melbourne and only had a look at the ann this morning.
To be honest a bit dissapointing with the numbers and especially the intercept thicknesses at DB. The good news however is that the mineralisation is well behaved and shows a linear trend. They need to hit some folds in the mineraziation and that should come up with decent intercepts.
Personally I feel that they should be drilling more RC down to about 250m to get a better understanding of the minerisation then follow up at depth with diamond instead of going straight for the kill with deep dia holes as they are slow, expensive and also drilling blind.
Now they will probably get about 4 rigs (depends on avaliability) on site and do a mixture of RC and dia. They should RC pattern drill the crap out of the belt then follow up with deeper diamond later. I think they have been drilling with a bit to much confidence at the moment.
They may want to look at the oxide potential of DB at the moment then later on look again and the sulfide deeps.
Hopefully over the next few months they will target more of the rest of the belt with shallower RC and drill more of the A-deeps in Windarra North for resource modelling.
There is also the Eagle Eye ground which I am sure they are hungry to get stuck into.
Cheers
GV
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