CWX 0.00% 11.5¢ carawine resources limited

Ann: Hill 800 Gold Prospect - Drilling Commences, page-4

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  1. 971 Posts.
    lightbulb Created with Sketch. 30
    Oh ho ho, but next Tuesday was over a week ago.

    -Two rigs for 3000m is 1500m/rig.
    - They should be drilling at least 5m an hour which is around 30 hours to a 150m hole (they said they're using a small diameter drill - presumably AQ - so should be closer to 10 but we'll give them as much slack as possible)
    - We'll say the drill crew are absolute slackers and only do 10 hour days and take a day to move the rig 40m to the next spot... that gives us 4 days per hole.
    - 20 days to do 5 holes puts us at halfway as of Monday which puts us at where I said they should be putting out an announcement.


    Also means no significant visible mineralisation yet which is disappointing.

    Oh well, still 10 holes to go.
 
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