just pondering if, page-7

Meerkat

If you look at the discovery announcement, there is a section showing a fold. The exploration target is the bottom hinge of the fold. This is where the exploration model/conceopt suggests the best mineralisation will be found. And where the discovery hole hit the good stuff.

As the mineralisation trends up the limbs of the fold it will get closer to the surface, so may be shallower.

As posted, I do not see 1000m as a problem as long as the grade and width of mineralisation intercepted in the first hole is maintained.

The market will be very unkind if the second hole does not match the first.

cheers
gosouth