It was about as expected I think, given what the visuals they...

It was about as expected I think, given what the visuals they had reported. Seeing the continuity of the mineralisation seems to have been what encouraged them until they get that 3D IP data. I understand that the 3D testing gives much better resolution than the 2D they have done before, particularly at depth. They say today that they will wait for the new data "to define geometry and targets for deeper drilling " before redrilling the deep anomaly (see pic) - seems they are still quite interested in what's down there.



Seems like they have already done quite a bit of RC drilling along the 14 km strike, if you zoom in on the figure in their announcement you see a series of little black dots every 500m or so along what looks to be a 8km stretch, mostly just a single hole though at each 500m step out. Will need more infill drilling to confirm presence or absence of mineralisation of course, so not too disheartening that they haven't found another T3 just yet.

Quite interested to see that they have already found "disseminated base metal sulphides (galena, sphalerite, pyrite and chalcopyrite)". As they saw with the early drilling at T3, the galena (lead) and sphalerite (zinc) ores pointed to copper (Cu) and silver (Ag) at depth, see extract from their 5 May 2016 announcement below. The chalcopyrite they mention actually is a copper ore - about 35% copper, and again at T3 they saw the higher grade bornite ore deeper down. So the fact they are testing these targets with diamond drills I find very encouraging.

The targets to the NW and the SE also match to soil anomalies they talked about in the 5 May announcement as being areas of "structural complexity". IMO, these are going to be the best places to find T3-type deposits. It'll come down to a lot of luck, but they seem to have a good team in place who really understand the deposit, so they must have a good chance of finding further deposits.