RE: 🔵 🔵I can see DOUBLE DIGIT BLUE 🔵 🔵22 Jul 2025 09:54
This is what chatgpt says..
The latest RNS update was released on 21 July 2025, confirming that drilling has begun at Red Setter. As of that announcement:
The rig is currently sitting on the first of two RC holes, which are being deepened from ~300 m to the target of 550 m.
They have already run casing to near-bottom of the first hole and expect “further drilling … in the days ahead” .
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⏳ How Long Until Completion?
Here’s a breakdown of the expected drill timeline based on typical drilling rates and current progress:
🔹 Current Status:
First hole at ~300 m, casing nearly bottomed (~550 m target).
🔹 Estimated Drilling Rate:
RC drilling (with diamond tails) typically advances 50–100 m per day in such environments.
🔹 Calculating First Hole Completion:
Remaining ~250 m → 2.5–5 days to reach 550 m.
🔹 Planning for Second Hole:
Second hole currently at ~300 m → needs ~250 m additional → 2.5–5 days estimated.
Total for both sequentially: 5–10 days from 21 July.
🔹 Realistic Completion Window:
Given today's date 22 July 2025, the drilling should realistically finish by between 26 and 31 July 2025, assuming smooth operations.
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✅ Summary
First hole: expected to hit the 550 m target by late July (likely 24–27 July).
Second hole: likely completed by end of July, potentially 1 August if there are slight delays.
So, drilling both holes to the 550 m target should be done within about a week to ten days of 21 July 2025.
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