Hi TCG - I can't agree with you re ARV contributing to their share of the 70/30 agreement with this Deep Hole. I suggest ARV have not spent any money on the Munni Munni tenements in this exercise.
The 3 drill holes MMPD07/MMN223/MMD178 mentioned in the report are historic & were drilled by Platina as part of the original MM project. I suggest ARV appears to have simply examined the old cores stored/held at MM for its geo interpretation of what is likely happening between MM & their Deep Hole.
ARV's view - as mentioned above - is that the base dips down from both MM going South & Deep Hole going North, and that this could be a possible 'gold trap' but the irony here is that the 2 intervening tenements between the MM JV and the Deep Hole - that blank space on the map below with holes 223 & 178 - are not held by ARV but by rival gold explorer Novo !!
There is an interesting Geo discussion on the ARV threads re the usefulness of this DH exercise.
I hold ARV & PGM
Cheers ark
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