Agree totally with @nordesmic . Super high grade core seems to have been missed with these holes or the grades are just dropping off.
Nordesmic doesn't spend much time posting but you can always rely on him to have used his "away" time wisely, finding facts that help tie the bits and pieces of each story together. Thanks for sharing and being an all round decent bloke on HC threads nord.
I'd personally not want them to drill all that much deeper for resource definition purposes. I'd prefer rather that they drilled a few wild cat deeper holes to look for deep leads at M1 and M5 and for possible linkages between M1 and M5. One or two hits with this style of very deep (suck it and see) drilling could open up the potential without needing to drill it out. ie those would be the teaser holes to the story.
Also looking for repeat lodes would be wise. Often companies become too focussed on the resource drilling at this stage and forget how much extra value another deposit could add if it is found early. That's why I was suggesting the seismic surveys that NST have used successfully (probably not available in BF though). That's the disadvantage of working in some of these countries.
Worst thing that can happen is that you get taken over and then 6 months after the acquirer finds another mother lode on the door step of the resources you've been busy defining. Exactly what happened to Gilt Edge Mining NL when they were taken over. The Raleigh discovery on their JV ground was announced not long afterwards.Esh
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Agree totally with @nordesmic . Super high grade core seems to...
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