RE: New Target??14 Apr 2020 09:20
Stu, this was the statement at the end of the last report from Newcrest
'Further work is planned to evaluate exploration opportunities that extend the known mineralisation. Initial drilling conducted by Newcrest has confirmed higher grade mineralisation, broadened mineralised extents defined by prior drilling and extended the depth of observed mineralisation of the Havieron prospect. The results of drilling to date
indicate the limits of mineralisation have been closed off to the east, and south, and remain open to the north, and at depth. Drilling programs at Havieron are ongoing with eight drill rigs currently in operation.'
To me the important words in there are 'the results of drilling to date'
Even the Sprott report from last January said that misses were to be expected and didn't necessarily mean that the edges had been found.
It could well be sterilisation drilling but seems to me to be a lot of pads to have appeared in just over a week especially if they are planning for the end of this year or early next year as previously guided.
ATB Paddy