SMD 0.00% 1.0¢ syndicated metals limited

Exciting times ahead..., page-12

  1. 381 Posts.
    Actually, upon having re read the ann looks like first priority will be testing the Korong BIF (going deeper than historical drilling.)

    And drilling should have started by now....prob not 2 weeks in, who knows?

    Main points....

    All contracts and approvals in place and site works complete. Drilling to commence within a week.

    Drilling is initially targeting the Korong BIF (“Banded Iron Formation”) where historical drilling has only partially tested a strongly mineralised BIF horizon.

    LOWER BIF TARGET: The Lower BIF will be targeted by a series of deeper diamond holes as an initial test. This position is considered highly prospective to host high‐grade gold mineralisation in a similar way to Dacian’s Westralia Deposit, where a series of BIF’s lower in the stratigraphy have returned high‐grade gold results.
 
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