Another high reading in the Assay of the 1M samples and not much impact
on the share price. Jumped a little but back tracked to it's opening
quote again. Not a mention that they were going ahead with a JORC although
you would imagine that they have enough data to strike one. All efforts appear
to be channelled towards finding the main lode . In doing that however they are
expanding the grid which isn't a bad thing and lately the grid has become much
bigger being wider , longer and still very shallow.
Back in 2014 Apollo Minerals had 75% of Aurora Tank and 100% of Mars in the
Mars Aurora Tank JV .Early work on the JV likened the mix of minerals to be very
similar to Prominent Hill in the same early stages. The Mars tenement is adjoined
to Aurora Tank at the Southern end and lets hope the mother lode does not go into Mars.
All earlier work was focused on the Aurora Tank so lets hope we still have the better
chances of scoring the lode if one at all. OK so no JORC which means more drilling
in the months ahead. Must be running low on Cash again to finance further drilling
so a Capital Raising looks very likely. What would be the harm in cashing in on some
of the shallow gold to self finance further drilling costs. Cant work that one out.
