NPM newpeak metals limited

Jan 29th ann...“Cachi Gold Project Maiden Drilling Program...

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    Jan 29th ann...

    “Cachi Gold Project Maiden Drilling Program Update, Argentina

    The drilling currently underway on the Vetas Cachi Target is progressing well with 3 holes completed and the fourth hole in progress. Drilling to date has intercepted encouraging, thick epithermal alteration and breccias with assayresultsfromthefirst3holesexpectedinthenextfewweeks.

    Cap Burn Gold Project Drilling Update, New Zealand

    Rig availability has caused further delays to the recommencement of the Cap Burn drilling however a rig has now been identified with drilling scheduled to start during the second week of February. ResultsfromtheDecemberdrillingareexpectedduringthefirstweekofFebruary.”

    So as they stated some assay results imminent. They need to hit these deadlines if the current borderline shift in sentiment is to be maintained. A few decent hits and it’s all smiles and it’s way easier to keep funding drilling on what could be three projects.
    Didn’t like the extra 83m added to the register to help fund the Sunstone purchase. The bloat really is an issue now but will be easily reconciled should we hit decent grades and intercepts. All comes down to the drills...

 
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