EAR 0.75% 33.3¢ echo resources limited

Jet They were drilling 9 x 500m deep holes under the main...

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  1. 6,851 Posts.
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    Jet
    They were drilling 9 x 500m deep holes under the main resources and they take time to drill and assay of course. They should start to pop soon. The other rigs are doing a combination of works and testing other targets. This program is ongoing and worth some $5m as you know.
    They are drilling a Lotus, Orelia, testing new identified targets, Julius granite. Wimbleton, and other smaller projects like golden snag, julius, forked stick, mt joel, jorid Vausse south etc. I dont know how and where the rigs are placed, only thaat they will doing the lot.
    This is a big program and across at least 7 known and new targets. I expect to see a lot of news flow over the next couple of months. The wild card is a large new discovery and that is likely to me given the quality of the ground. One target has a potential for over 1m ounces on the preso. dyor.
 
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