These seem pretty shallow. Potential for an open cut extraction?
Drillhole BC20-01 intersected 1.05m MSV from 58.5m & 0.5m of sulfide veinlets from 59.5m. BC20-02 intersected 1.2m MSV from 87.0m
Historic Drill hole BCLK 4 intersected a zone of 1.7m at 1.89% Ni and 0.91% Cu from 62.9m.
Drill hole BLK 2 intersected a 1m wide massive sulfide vein within schist grading 2.65% Ni and 1.07% Cu from 58.5m down hole.
I think Rig1 will be building resource volume on King Cobra.
With next targets 03 and 04, I believe Rig2 is just going to keep moving around the project following the FLTEM plate targets, they did state that:
'' second drill rig is testing high priority EM targets generated from 25 MSV prospects already identified within the Project including, King Snake, Ban Khoa, Ban Chang, and Ban Khang.'' & ''Blackstone’s second drill rig will continue to follow the in-house geophysics team throughout the Ta Khoa nickel sulfide district, testing high priority EM targets''
Once they get a nice thick vein, I would think a call on standby rig and do further drilling.
Also worth noting the mention of exploring at depths, ''The high-grade Ban Phuc MSV is located less than 50m to the south of the Ban Phuc DSS deposit and remains underexplored at depths below the base of previous mining''
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