AGR 7.69% 4.2¢ aguia resources limited

Ann: Aguia discovers New Mineralised Zone at Tres Estradas, page-13

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  1. 115 Posts.
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    Maybe I'm reading too far into it.

    "Recently, drilling along the southeast sector of Três Estradas found a new carbonatite zone between sections 700NE and 1,200NE."

    "As a result, Aguia’s management has decided to further expand the drill program by an additional 1,500 to 2,000 metres of drilling to map the extension and thickness of this new carbonatite zone.


    So they had originally planned 9500m, this was extended by 1000m = target 10500m
    but then they found the new above zone and extended another 1500m-2000m = new target 12500m

    In the last announcement (16th Feb) they say "To date, 11,334 metres of drilling, or 100% of the original plan, has now been completed. Four diamond rigs continue to operate at site with another 1000 metres of drilling now underway to expand on excellent results to date and potentially expand the size of the current resource."

    So by that I'm thinking towards the end of the week?
 
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