Sounds like they're now stepping out on the northern side. The terrain (Twin Hills) has previously made this difficult.
"Pad preparation has been finalised on the Northern side of the high grade zone and has allowed the exploration team to plan several holes cutting across the interpreted dip of the mineralisation from the north, which to date has not been possible."
The exploration team up there basically have a 100% success rate and can run with whatever drill model they like as far as I'm concerned. The company owns the rigs and has chosen to use the close spaced drilling as a very cheap form of exploration. Once they decide upon the geological model for Wilgar then I'm sure we'll see extensions at depth and along strike. The bulk sample results from the Wilgar ore when put through our new mini-plant will be very interesting. It was mentioned at the AGM there were around 8 drums ready to go.
CDU Price at posting:
$3.86 Sentiment: LT Buy Disclosure: Held
