SBR 6.25% 1.5¢ sabre resources limited

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  1. 1,655 Posts.
    The last update was on 24 January - that's only a couple of weeks ago.

    Operations had recommenced and drilling on Pad 5 had started but they'd only completed 1 hole. SBR doesn't indicate the size of the drilling programme there but they'd have to complete the programme and send the cores for analysis and then relate the results to their model. The pad is "immediately south" of pad 1, where they drilled the 100m or so of high grade Cu and they are drilling to intersect that deposit. They've also got Surface & Downhole EM results to factor in once the data processing and analysis is complete.

    They also had a pretty picture of Kaskara - but just look at the gradient on that approach road. They gave no detail of the programme but say that there will be a "number of deep holes" (deeper than 250m) to test the anomaly and they have a lot of loose overlying rubbish to drill through to get there.

    They'll probably get the data and results through in dribs and drabs but it requires analysis. They also mentioned "a backlog at the laboratory" in relation to the analysis of the Kaskara samples.

    I'd guess that we might get something next week if the labs have cleared the backlog.

 
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