TAM 0.00% 2.8¢ tanami gold nl

drilling & assays for kavanagh, page-9

  1. 79 Posts.
    I don't know why the PDS is not showing in HC, however it confirms the rumour from "The Chairman". Go figure why someone reported the post and had it moderated. I sometimes wonder if there is in fact some "knockers" out there for TAM in this forum. I prefer to operate on facts.

    The PDS includes the following on the Kavanagh Drilling which confirms the post (now moderated) by the Chairman (my comments in brackets);
    {
    Kavanagh Drilling Program
    The Kavanagh Drilling program has proceeded as scheduled and within budget with approximately 4,000 metres drilled to date of a planned 8,000-10,000 metre underground drilling program. The surface drill rig arrived in the last week of October and has also begun drilling.
    Mineralised veining has been identified in multiple underground holes around the expected target depth while a highly altered (sulphides?) mafic rock (dolerite?) was intercepted in the first exploration hole targeting mineralisation 100-200 metres beneath Kavanagh. The first batch of samples were dispatched in mid-October, the first results started to come through in the second week in November, these results are yet to be interpreted or analysed by the Company's geologists. In several cases where it is believed coarse gold is present, additional analysis has been requested (why - just give us the g/t) which is leading to longer turnaround. It is anticipated that these results, along with any additional results received in the next 2 weeks, will be interpreted by the Company's geologists in late November with all relevant
    information being made public to the ASX at the time.

    The underground drilling program is expected to be completed mid-December while the surface drill program is scheduled to continue until February 2014.
    }
    There is every chance by delaying the information, Allied and Mr Montgomery could thieve this company. I am personally taking up my full entitlement and whatever I can get additionally. Do your own research but holders should carefully consider the consequences of not participating.
 
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