Hi germainst,
reading your comment about the 6 week wait time, I went back and examined GTE's drill program record.
It took a while to build, could be errors or omissions in it, hope not. One reason we (GTE) wait so long for Assay results
could be: time of year or because we're a very small co ?
GTE DRILLING REVIEW OCT 2017 - JUNE 2018
Management Action Plans, Promises, Subsequent Events / Results
YANDAL WEST May Queen (gold) and YERRIDA SOUTH Chisel (copper)
Column 1 Column 2 Column 3 0 ASX announcement
Month and YearYANDAL WEST (gold) May Queen site YERRIDA SOUTH Chisel (copper) 1 OCTOBER
19------------------
21-------------------
24------------------
31-------------------
19 Drill Program announced
PHASE I [ 0 days]
21 RC drill mobilized to site
[2 days ]
24 Drilling commences at Yandal. To take 3 weeks, 2 weeks turnaround. [0 days ]
31 Yandal drilling program begun [7 days ]
19 ------NIL
21 ------NIL
24 ------NIL
31 --Chisel Gravity Survey Program begins (Newexco )
2 NOVEMBER
9-----------------
15----------------
28----------------
30---------------
9 Yandal PHASE I 22 holes drilled 2297m [ 16 days] Assays in 2-3 weeks. Drilling to restart in early December
28 Yandal ASSAY RESULTS [ in 2 weeks 5 days]. PHASE 2Starts next week.
30 NOV 28 results RE-RELEASED
RC DRILL RIG USE
2297M
PHASE I OCT 21/ Nov 28 38 days TO COMPLETE
9 ---------NIL
15 Chisel Gravity Survey completed
[ 16 days ]
28 ---------NIL
30 ---------NIL
3 DECEMBER
4--------------------
8---------------------
16-------------------
22------------------
4 $2M of funds raised for Yandal Gold
8 Yandal West PHASE II 3000m planned [ 0 days]
16 GTE General Meeting
22 Yandal West PHASE II
1852m RC drilling done
[ 14 days ]
Assay results in Mid January.
More drilling late January
RC DRILL RIG USE
4149M
4 ---------NIL
8 ---------NIL
16 GTE General Meeting
22 ---------NIL
4 JANUARY
30-----------------
31-----------------
30 Yandal ASSAY RESULTS
[ 15 days later than planned ]
31 Q4 2017 Activities Report
Q4 2017 Financial Report
2097m of drilling done. A further 1200m of drilling planned AS WEATHER PERMITS
[ NO drilling late January]
RC DRILL RIG USE
4394M
30 ---------NIL
31 Q4 2017 Activities Report
Q4 2017 Financial Report
Chisel drill planning has begun
5 FEBRUARY
14-----------------
14 No drilling at Yandal West due to WET weather
RC DRILL RIG USE
4394M
---------NIL
6 MARCH
13--------------------
15-----------------
13 Yandal West PHASE II 1200m left in 3000m program. Now planning a further 1500m, then Diamond drilling after OTV survey
ACTUAL MAR DRILLING
1647m (ASX May 14)
15 Half Yearly Report
RC DRILL RIG USE
6041M
13 ---------NIL
15 ---------NIL
Half Yearly Report
7 APRIL
4---------------------
18--------------------
27-------------------
30-------------------
4 ---------NIL Awaiting Assays
18 ---------NIL Awaiting Assays
27 ---------NIL Awaiting Assays
30 ---------NIL Awaiting Assays
Q1 2018 Activities Report
Q1 2018 Financial Report
4- Chisel drill target identified. 1200m RC drilling planned, in conjunction with Newexco.
18 -Chisel drilling commenced. 1000m
(5x 200m deep holes)
27 - 3 holes drilled (600m)
RC DRILL breaks down . MAJOR OVERHAUL REQUIRED. Back in action in June.
30 -Q1 2018 Activities Report
Q1 2018 Financial Report
RC DRILL RIG USE
6641M BREAKS DOWN
[ COULD IT HAVE BEEN CHECKED & OVERHAULED IN FEB ? ] [Possible outback field crew vs Perth planning crew issue here ? ]
8 MAY
3-------------------
10-----------------
14------------------
3 ---------NIL Awaiting Assays
SANDFIRE to aerially examine Yerrida North
10 Investor Presentation
14 Yandal West PHASE II 1647m DONE. A futher 1500m planned [ PHASE II Part 3 ? ]
RC DRILL RIG USE
0M [ NIL being repaired ]
3 ---------NIL
10 Investor Presentation
14 ---------NIL
9 JUNE
19----------------
19 Yandal West 2,316m RC drilled - 26 holes. SO MORE THAN the initial 1500m ABOVE.
ASSAYS IN 6 weeks.
[ NOTES {1} March ASSAYS weren’t released until mid –May , thus between 6 (mid March at best to 8 weeks at worse scenario). {2} It could take so long, due to QUEUING of various WA mining co’s wanting results, and GTE being so small a co !
RC DRILL RIG USE
2316m
19 ---------NIL
NOTE ASX APR 30 company mentioned the choice of EITHER Chisel or Yandal, once the RC drill was back in operation
NOTE: could GTE drag back the RC drill back to Chisel in the intervening 6 weeks wait ? NOT MENTIONED in June 19th announcement. A shareholder could call the co. ????
10 THE END
Comments welcomed.
Cheers Bluequartz
- Forums
- ASX - By Stock
- GTE
- GTE drilling review Oct 2017 June 2018
GTE drilling review Oct 2017 June 2018
-
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add GTE (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.35M |
Open | High | Low | Value | Volume |
2.8¢ | 2.9¢ | 2.8¢ | $8.693K | 309.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 186243 | 2.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.0¢ | 122537 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 3055535 | 0.004 |
22 | 13685797 | 0.003 |
6 | 5650000 | 0.002 |
9 | 8500499 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 1660000 | 4 |
0.006 | 1000000 | 1 |
0.007 | 502750 | 2 |
0.008 | 750000 | 1 |
0.009 | 708333 | 2 |
Last trade - 13.56pm 15/11/2024 (20 minute delay) ? |
GTE (ASX) Chart |