ADT 2.38% $4.10 adriatic metals plc

The planned ("in progress") vertical hole from the BR-8-18...

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  1. 11,185 Posts.
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    The planned ("in progress") vertical hole from the BR-8-18 collar position (see below) should push more towards the down plunge thicker part of the ore body and extend drilling as far as it can be extend towards the northern boundary without stepping hole collars outside of the concession.

    This is not ideal, as ideally you would want to step out these holes to the northeast and drill back towards the ore body with the same azimuth as holes 2, 3 and 5 (ie try and drill as perpendicular to the dip as you can). Vertical holes are not ideal, but given there might be restrictions on where the company can place hole collars on the ground, its all they can do for now until they get tenure over the land to the north. I'd say they'll try and avoid drilling more vertical holes eastward along the boundary if they possibly can and if they think they can get access to the ground to the north soon. Better drilling holes that give maximum value I think.

    Obviously obtaining that northern ground still remains a game changer IMO. I'll be using the "ground securing" announcement as a top up point. Whoops, sorry, some people don't like that term. Esh

    Figure 3.PNG
 
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