Ann: Great Western Drilling Update, page-6

'Obviously a complex structure'


Hi 1912,


I'm wondering where the 'complex structure' description came from?


My (limited) understanding of the announcement suggests that the 'nugget effect' is the cause of the delay. Which leaves me wondering is this due to the assaying process? Curious that it shows up in 'some batches'. Could it be because of the sampling process or is it due to the inherent variability in the ore disposition?

The former suggests human error and the latter significant inconsistency in the ore. While I note the comment on previous ‘nugget effect’ characteristics from ‘historical drilling by Terrian and others’ it would have been helpful to clarify what caused the previous and current situations.

If the sample cores do contain some ‘nuggets’ and zip beside them then the ‘complex structure’ of the ore body could well prove to be accurate indeed.