Very, very happy to see that the very first pass of drilling at Glenburgh has been so successful. 28 holes from 39 (5 results still to come) hit significant mineralisation. A further 14,000 metres of Aircore results still to come plus of course Dalgaranga results too.
Also nice to see the mineralisation is basically from surface, so if these deposits get proven up further, cheap early ore for the plant.
I wonder if GCY can start to provide a clearly picture of the two projects drilling campaigns and where they plan to drill (next company presentation). Even though I think GCY is holding back a little on the amount of drilling, which is fine, as I want them to really, especially while the plant is still ramping up, aircore holes are cheap and thus, should still be pursued.
GCY Price at posting:
44.0¢ Sentiment: Buy Disclosure: Held
