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
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