Here is a little something regarding the 2,550 meter Xstrata drill program currently underway at the Blackard deposit.
A number of years ago, some 24 holes were diamond drilled for geotechnical purposes at the Blackard, Scanlan and Little Eva deposits. These holes were never assayed and will now be evaluated for potential to improve the quality and size of the resource. If appropriate, Altona will have them assayed and incorporate the results into the new Resource estimates.
The Company believes the combination of new data from drilling campaigns by Altona and Xstrata, the data from the unassayed drill holes, and a ?bulk mining? approach to the resource estimate will lead to a significant increase in the tonnage of the Resources.
AOH Price at posting:
35.8¢ Sentiment: LT Buy Disclosure: Held
