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4.8¢ hillgrove resources limited

Kanmantoo Copper mine ready to go ? For real ?, page-183

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Bayhunter

2,084 Posts.

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18/10/23

11:20

Post #: 70402236
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Originally posted by McHale: ↑

I hope that your remark about HGO wanting to drill from underground is correct @GeoFiji, I don't recall hearing HGO talk about underground drilling to this point, has anyone here heard the company talk about it in a definitive way??.

Underground drilling, which would put the rig much closer to the drill target, so holes don't need to be as long, which also means holes are drilled faster; this would save large amounts of capital which could of course then be dedicated to drilling more holes and growing the resource faster, which is something we would all like to see.

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@McHale Spitfire was drilled from an underground drill platform as noted below.

I recall an announcement saying they will develop 2 underground drill platforms for exploration.

HGO Price at posting: 6.0¢ Sentiment: Buy Disclosure: Held
8 Upvote

2 Great analysis

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