Originally posted by rcman
Im fairly sure i read in the report that all the holes were drilled and results published. These guys deceived everyone that attended the AGM
Need gold over $1350 and may get this moving, expecting 1350 in next couple months
The run gold just had was wasted thanks to them.
Not so, latest report on OC says "Assay results for a further 27 holes of the 47 hole Phase 2 RC campaign still to be returned. Phase 1 RC campaign now complete", so it was a couple of missing holes from the first campaign and then 20 out of 47 drill holes.
Phase 1: 39 holes
Phase 2: 47 holes
Just from the tables, seems the figures in the text are sometimes off by 1 or 2 holes, maybe they have excluded holes that are not in the direct vicinity of OC:
First drill report: 20 holes phase 1
Second: 12 more from phase 1
Third: 7 from phase 1, 19 from phase 2
Out of 58 holes 31 have hit gold mineralisation.
The question is if results for the remaining 27 holes will be in time as in the quarterly they stated only the first 19 holes had been drilled so far.
I think it is pretty safe to say that phase 2 will bring 14 more holes hitting mineralisation if drill locations are chosen in a similar manner (i.e. test along strike, no drilling to confirm or disprove "crazy" ideas where mineralisation was sourced from).
Hard to tell what happened in February so far as phase 2 drilling part 2 is due, diamond drill rig is on site, road and camp construction have started and the Smarts 3 cutback also.