GXY drilling activities captured in this GLN pic from early 2019:
From April 2019:
From Q4 2018:
Prior published SDV resource/reserve estimates were based on much earlier drilling, as per revised DFS, 2016:
NOTE the hole depths.
AFAICT, the longstanding (and current) SDV resource/reserve (from way back in 2013) is based on drilling as per above, HOWEVER, in early 2019, GLN reported this from their adjacent hole to ours as per the photo above:
High-concentration brine from circa 200-400m !! Note the hole depth.
Try and tell me that Southern SDV hole (#25 or #26?) was a duster, with GLN's results from it's adjacent well?!
AFAICT we hadn't previously drilled down in that area; this image from the Q3 2018 Posco sale announcement: (I've added the red X to indicate the position of our well 25 (or 26?))
So far, AFAIK, we've heard crickets on the findings from this hole... and if that's hole 25, where is #26?
Imo, based on the GLN results, that has to be worth some extra polygons and an increase in the resource/reserve. DYOR and build your own puzzle!
We've actually had the hints since 2013:
etc.
We'll surely find out soon enough in any case.
Pleasantly surprise us Simon..?
Cheers
IMO DYOR
GXY Price at posting:
$2.94 Sentiment: Buy Disclosure: Held