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Northern Area .... Target C1 ( Steven Michael ... " Could be a...

  1. 2,306 Posts.
    Northern Area .... Target C1 ( Steven Michael  ... " Could be a game changer for us " ) ... currently being drilled with a Diamond hole drill .. following the RC drill to depth ...

    ... it is a flat lying conductor sitting at approx 650 m ... that cross cut the 'fabric' of the Fraser range ... with the possibility that this represents a Sirius Bollinger type of deposit ...

    drilling commenced 2 weeks ago over 2 x target areas ... over 5 holes ... 5 conductors ... with the drilling campaign to be completed by end of October ...

    ... Last Wednesday they were down to 400 meters ... an anticipated 1 more week to go on that target ....

    ... C2, C3 & C4 targets currently being drilled with RC rigs ....

    ... following that SEG announced they have identified 3 x new conductors at another target called E28 ... planning to put a hole into that area  at E28 - C1...the best conductor in that area planning that at the moment ... most likely after the above holes are drilled ... using the drill rig already on site before it returns to ' base' ....

    .. success on the E21 targets will be result in further immediate drilling ...

    .... Steven Michael announced that the first assay results coming out in November ....

    ... From the Proactive Melbourne Presentation last week

    Steven Michael ...

    ' having said that, if we were to intersect something of significance, you'd be able to see it in the drilling,  so I think we probably really wouldn't be waiting for assay results. You know if we found anything of significance, typically a dark black mafic rock with chunks of sulphides in it "

    ... here' s hoping we get a trading halt followed with a visual pic of a juicy Nickel Sulphide core sample ...
 
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