GXY 6.40% $3.51 galaxy resources limited

Brian TalbotOkay.So we've drilled extensively on the Salar, as...

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    Brian Talbot

    Okay.So we've drilled extensively on the Salar, as you know, and the currentdrilling depth is about 180 meters maximum in terms of the wells. We drilled a hole in the firstquarter of the year on the border of our northern tenement, we drilled up to360 meters and we hadn't yet bottomed out. And we just drilled another hole south of that down toapproximately 404 meters in total, and we're going to case it down to about 360 for pumpingwork. And we've got two more holes in the south, further south of that, thatwe're planning to drill in areas where we haven't drilled before.

    Rahul Anand

    Right.Okay. Great. So there's -- basically, the resource is still open, and you're basically trying tosee how it goes?

    Brian Talbot

    Correct.


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    Thus resource in the southern tenements still open and only going to be upgraded in size. AT plans to recover the resource they just sold POSCO
 
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