i tend to disagree, i dont think they were targeting railway at all. Looking at the drill holes, the outcropping ore at Jocelyn and Camp Hill were the initial targets. One hole in the middle of nowhere turned out to be high grade, given the initial depths of those first drill holes they were lucky to hit the high grade stuff at all.
I do tend to agree that aeromagnetics arent that reliable and consistent particular when deposits are under cover. Still very prospective land and i am happy they are putting down some exploration holes at numerous places.
CID targets are a little more obvious and predictable and can lift tonnage significantly so hopefully the grades are ok at Yandi if they do hit some thick intersections. At the end of the day drilling isnt going to cost anywhere near what it will cost to get railway off the ground. Hopefully that progresses as quick as possible. If they do discover another deposit well that will be money well spent and could add signficant value therefore i am more than happy for them to have as many rigs as possible going. Put another one down at Southenn Flank i say. Will be easier and easier to get a drill rig i would of thought as many juniors are running out of cash.
time is of the essence
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