This is an excellent drill program. The close spaced drill holes should give them the detail that they need to work out what is going on and where to target next. They need to fully understand the controls of the mineralisation first and this does that perfectly, especially with some diamond core. I think they will still need to go deeper (400m looks to be the maximum in this program), but that can come later with the aid of down hole EM and a better grip on the geology.
SM - forget Chunderloo for the moment - it is a distraction. As for the drillers, yes an experienced drill crew does make a huge difference, but an experienced geologist is even more valuable. RP knows this ground having worked there for several years so he would know what to expect. He would also know who to use. This is not a program to start using novices as it is the stepping stone for further success.
I would expect that early drill holes will show visuals and they will call a trading halt mid-Sept. Getting assays back in time will be unlikely but portable XRF will give some indication hopefully just before the options expire.
AUR Price at posting:
8.3¢ Sentiment: Buy Disclosure: Held
