Thanks Salpetie! Your observations are much appreciated, as...

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Onceover

2,383 Posts.

1242

07/07/23

20:14

Post #: 68680800
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Originally posted by salpetie: ↑

Site preparation at Minyari North was well underway by Mid May, perhaps before, with at least 8 interpreted.
To July 4 this number has doubled (estimate 20 at least) and most appear to have been visited by a drill rig.

Has there been enough time to drill??

Average depth range estimate for Min N holes
200 - ~4000m approx. total in time available....
300 - ~6000m
etc

To test the faulted plunge extension of Minyari some holes are likely to be 500+-m which is close to the effective range of RC used to date.

Preliminary tests of Minyari North are likely to be in the 150-350m. (see Hole 522 section below)
So possible that drilling has achieved its purpose over the last 6 weeks or so. (1 or 2 rigs? - Drilling at Geo1 has also been done).

Some pre-collars for diamond holes as well from the Minyari North area?

Speculative with an update in the quarterly if not before.

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Thanks Salpetie! Your observations are much appreciated, as ever. What a long way we have come since the late 70s, when the only way to get a clue was to fly over your competitor's drill sites in a light aircraft to see if there was black drilling mud coming up from a massive sulphide intersection (or a black shale..) I know the odds aren't that high, but it would still be a thrill to see an RC pre-collar being started at Tetris, to be followed by a deep diamond drill hole. It is such a compelling target.. Cheers, Onceover

Last edited by Onceover: 07/07/23

AZY Price at posting: 1.3¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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