You don't get drilling results like these released on 20th. March without a significant silver deposit being present imo:
Line 7 – Northeast High-Grade Zone PPRC 3: 22m @ 1,318g/t Ag from 73 metres down vertical hole including 9m @ 2,799 g/t Ag from 75 metres - Intersection is about 30m west of prior PPDH 2 intersection of 11.6m @ 3,847 g/t Ag
Line 7 – Western Deep Sheet PPDH 4: 3.4m @ 1,564 g/t Ag from 129.6 metres down inclined hole
Line 8 – Western Deep Sheet * PPRC 8: 5m @ greater than 2,294 g/t Ag from 101 metres down inclined hole
You don't get drilling results like these released on 19th. April without a significant silver deposit being present imo:
PPRC026 (Line 6): 7m @ 1,810g/t Ag from 31m downhole
South Eastern Zone PPRC039 (Line 2): 19m @ 965g/t Ag from 42m downhole
Central Feeder Zone PPRC025 (Line 6): 14m @ greater than 427g/t Ag from 97m downhole
It is still very early days imo and from what can see I it's obvious to me that IVR is carrying out a thorough exploration program. That to me means the drill rig is not just going to where IVR expects to get big silver hits that the market will like when they're released.
IVR Price at posting:
17.2¢ Sentiment: Hold Disclosure: Held
