Next Steps - Due to the intersection in drill hole GEM-004, the summer drilling program has been paused to allow collection and interpretation of all drilling data, including geochemical analyses, to verify that the source of the elevated radioactivity is uranium and to determine its concentration in the core. Geochemical assay results are expected within approximately four weeks. Additionally, the Company will use this time to bolster radiometric safety protocols in anticipation of follow-up drilling designed to further test this zone of elevated radioactivity. As drill hole GEM-004 is only the fourth drill hole of a larger planned campaign, several other target areas remain to be evaluated.
Anyone have any guesses as to how long the pause might be? Are we talking weeks or months?
92E Price at posting:
50.0¢ Sentiment: Hold Disclosure: Held
