"The drilling below the base of the pits is designed to first extend the existing Barbara Mineral Resource below the North Lode and Mid Lode and then infill defined mineralisation below the South Lode. Drilling is expected to be completed within the September Quarter"
The area also represents a potential extension to the high-grade mineralisation which was encountered in the
Lillymay drilling programs between February and April 2014. Drilling is expected to be completed within the
September Quarter.
Heard a "rumour" on the grapevine that copperchem have been cutting back on staff and from another poster on CDU thread that they are now processing ore from Mt Collin at EHM. None of this has been confirmed just some rumours.
SMD Price at posting:
5.3¢ Sentiment: Buy Disclosure: Held