AUR 0.00% 0.8¢ auris minerals limited

some number crunching, page-46

  1. 380 Posts.
    This link should be helpful for a few. Charts at bottom give estimates of both time and costs for drill programs. DD is 50m/day avg drill rate and avg cost / mtr $400 for the drilling or $650 for a program. The last chart I think is in line with where we would be after the last results ann so a DD drill program of 1500m costs about $1m and takes about 31 days!!!!! so depending on depth and if they are going DD004 DD005 without results then may be a week away two on the outside but that also depends on when DD004 was started as the 27th Jul ann stated it had commenced so no date as to when it commenced..

    http://detcrc.com.au/2014/breakthrough-technology-will-cut-mineral-exploration-drilling-costs-by-85/
 
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