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21/08/18
15:46
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Originally posted by Cashmeoutside
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Getting a bit frustrated following this one.. especially when they keep going on about how there will be heaps of news flow..
T1
26 Feb - New 20-hole drill program launched at T1 to test resource extension. 2 diamond drill rigs go to site
24 May - 7 of the 20 drill holes complete, assays pending. Intersected “encouraging” mineralisation (bornite and chalcocite)
30 July - 11/20 drill holes complete, some assays received.. best of the assays show small intercepts at significant depth (doesn’t look very promising)
How have we only completed just over half the drill holes in 6 months? 1 hole per month per rig?
T20
16 April EMP application underway.
30 July - still awaiting application, additional AEM to be commenced in sept quarter.
Where is the EMP approval? They have mentioned about causes for delays in investor presentations in May but surely this should be done now?
T3 dome
3 April - EMP approval
15 May - Drilling commences
12 June - first hole at A4 hits copper
9 July - second hole at A4 hits copper
6 August - Assays received from hole 3 at A4. Confirmation that mineralisation hit at A1.
There are 4 rigs at A4, and 2 rigs at A1... surely given they have been hard at it for 3 months we should have more results...
The silence is deafening, bring on the news flow already!
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I am with you on the frustration. I moved more $ into MOD a week or two ago in anticipation of a tsunami of assay/drill results but nada!! Where is the b___dy bottleneck?