Hello Ed
Spoke with DML yesterday (one of the principals) and got the following:
- Three drills on the play right now not five,
- Two drills (one deep drill/one shallow) to move to NAI JV as announced,
- Drills went to MGJ & CYP properties (since the last NAI holes) due to contractual obligations with those companies, obligations now met,
- Minimum of six NAI JV holes to be drilled by first week of December,
- Forty-four (44) NAI JV holes permitted now,
- Per policy, only "material" intersections and/or assays have been or will be announced,
- If "material" intersections are hit and assay supported in advance of completion of the current 6 hole program, they will be announced prior to end of program,
- If "material" intersections are made in this six hole program, more than likely, drilling will continue throughout the winter,
- If "material" intersections are NOT made in this six hole program, more than likely, drilling will start up again in April while geophysics, etc. will continue until then,
- Several of the 6 NAI JV holes will attempt to establish continuity of the high grade intersection, the remainder are targeted for several very high coincident gravity and EM anomolies,
I called NAI IR who completely concurred and repeated the same answers given by DML.
They also stated that they get any NR info approximately 2 hours before it is released.
I will post that geology research later.
Regards |
