The second, expanded phase of exploration drilling comprises 21 reverse circulation drill holes for approximately 3,000 metres to test the North Lode structure over a strike length of 400 metres and to an average depth of less than 150 vertical metres from surface. The drill program is designed to follow up significant sulphide intersections received from first phase drilling which included: 8 metres at 3.7% Cu and 0.27g/t Au from 32 metres (in BARC019), and 5 metres at 2.2% Cu from 43 metres in BARC018 A deeper reverse circulation drill hole is planned to provide an initial test of the North Lode TEM conductor To date approximately 16 holes have been drilled at North Lode with assay results returned from the first three holes. The rig is currently drilling the remainder of planned holes at North Lode. Results will be reported as they become available.
The next round of results will be interesting.
MET Price at posting:
17.3¢ Sentiment: Buy Disclosure: Held