PIR 0.00% $1.49 papillon resources limited

re: Ann: Positive Drilling Extends Mineralisa... Great results...

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  1. 3,054 Posts.
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    re: Ann: Positive Drilling Extends Mineralisa... Great results FRB from the first 10 holes and of note, as you mentioned, extensional drilling not infill.

    Unfortunately these results are overshadowed by the troubles in the north. Looks like some serious action is being taken by the international community so hopefully this will all settle down soon.

    I also noted in the announcement that the updated MRE to be announced at the end of the quarter is more about increasing the status of the JORC rather than the size. I think the market needs to understand this fact and not be looking for a large increase in resource size. The increase in resource size will come after the current drilling campaign.

    Cheers
 
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