EAR 0.75% 33.3¢ echo resources limited

Ann: Spectacular Drill Results Extend Orelia Beyond 200m Depth, page-6

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  1. 730 Posts.
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    The simple answer: more drilling.

    Like most explorers do, they have cherry picked the high-grade intercepts. No doubt that they will have gained increased confidence by the mineralisation extending at depth. Some high-grade intercepts & lower grade ones as well.

    Additional drilling will paint more of a picture. It certainly vindicates their decision to continue drilling & not rush into production & face sub 2 g/t head grade issues. There is another company out there which is really struggling at the moment. Don't want to go into that, but I would prefer for them to stick with their current exploration strategy until at least the end of 2017.
 
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