I'm talking about the time to drill the holes. Then there's weeks of lab analysis.
It was minimum 6000m which is about 30 holes and up to 8000m which would be around 40 holes @200m deep.
But mark my words if they get some surprise/encouraging hits they will announce to the market before full results.
Anyone checked out CZR's Robe Mesa Iron Ore project in the Pilbara near one of Rio Tinto's Iron ore projects
https://announcements.asx.com.au/asxpdf/20231012/pdf/05vzcn0hkmg6d1.pdfMight be sold soon. Subject to FIRB approval. Delays, delays, delays. See nothing goes wrong. All straight forward.
Mark Creasy owns more than 50% of shares and they have proven reserves, not resource. Have done a DFS.
What's it worth?
(20min delay)