BUX 7.84% 5.5¢ buxton resources limited

drilling, page-6

  1. 3,045 Posts.
    lightbulb Created with Sketch. 207
    Agree with your drilling rate based on previous 6 - 7 days taken to reach downhole depth of 340 metres reported on 23 July. They were extending that hole, so maybe another 3 days to complete, lets say end of July. So yes, they should be very well advanced on the next hole although we are not told its location and depth to target zone. Best guess is it would be a further step out hole, targeting the conductor further down plunge as it vectors to the gravity high. Assuming then its going to be a bit deeper to the target zone and assuming drilling rates remain unchanged, I would expect given 8 days of drilling elapsed that we would be at the target zone pretty well now. Visuals if reported soon will still be well ahead of lab assays receipt from the previous hole which I don't expect for another couple of weeks.
 
watchlist Created with Sketch. Add BUX (ASX) to my watchlist
(20min delay)
Last
5.5¢
Change
0.004(7.84%)
Mkt cap ! $13.36M
Open High Low Value Volume
5.2¢ 5.5¢ 5.2¢ $6.36K 120K

Buyers (Bids)

No. Vol. Price($)
1 50000 5.2¢
 

Sellers (Offers)

Price($) Vol. No.
5.5¢ 124843 2
View Market Depth
Last trade - 10.16am 27/11/2024 (20 minute delay) ?
BUX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.