One expects perhaps that they will only move elsewhere when they have done all that they want to do at Talc Lake. In fact they may decide to simply work their way north afterwards. Then the constant flow of data may allow them to progressively build up a more cohesive geological structure as they go. That may be preferred to packing everything up and going up to the north at Roe1, 2 for the anxious punters
Heaps of Cat 1 conductors spread along the RH prospect.
I don't know how accessible these places are for drill rigs so you do not want to send them away and then try and bring them back on site a few days later.
MPJ stated that the geophysical crew were mobilising, and undertaking the DHEM survey "during the week (starting Monday 9th)".. with 0023, then ORTL9.
Newexco would certainly be working overtime along with MPJ staff full on, in order to interpret data, and retain the drill rig in constant operation and not have it idle. Pretty tight timing I think.
On DHEM, it may even be that 0023 is uninspiring ... but ORTL9 shows up something very worthwhile so they drill there instead?
It is a dumb question but 0004 and 0023 were really not that far away from each other, collared only a mere 120m apart. Yes 0004 was shallow at 260m EOH and 0023 was much deeper at 400m EOH, but it angles in towards 0004. So what dramatically stunning extra data could emerge?? Yes 3D may come up a bit better, but..
Then again you DO get a very good look at those DHEM purple plates Fig 3 looking to the left as you probe down the hole 0023....strategically well positioned! ... even if these great purple conductors oddly did not show up on MLEM.
If all this is going on flat out, it may be that making an announcement about drilling results at RH_C8 might be delayed for a day or so. Unless of course they are earth-shaking results ...
One thing is certain and that is that RH_C8 has been drilled, they know what was in it, and MPJ do run a tight ship. It is probable that they will also case this for DHEM too... to get max value from the Diamond drill expense.
In any case IMO a progress announcement, which are always so very professional, can be expected Monday, or latest Tuesday... what a great story this MPJ is...
Absolutely top tenement and top people. It is frustrating not having their technical knowledge. Makes it difficult to assess the immese potential of Roe Hills. It could be huge... a multi multi bagger. Just one decent hit... ROE114 modestly scaled up ... it must be there.
MPJ Price at posting:
0.7¢ Sentiment: Hold Disclosure: Held