In the short timeframe since the last announcement on exploration results there can only be two possibilities for the TH a) the 15 metre intersection assays have now been received b) or the 5th hole has now intersected the EM conductor. They said they were targetting the upper part like the third hole( the 15m intersection) . They were not targetting a deeper hole below the 8 metre intersection. The upper portion of the conductor is only a couple hundred metres downhole so they should be there now, or just about
SIR Price at posting:
56.5¢ Sentiment: Hold Disclosure: Held