RE: Rns8 Jan 2022 10:20
Lead times have improved at the lab and market aware of 3 rigs now at Apta. I wouldn't be surprised if they have added more here and hopefully assays for us. Would be expecting to hear some news on licence progression for la Cejita since there is an extensive team working on that, though it has to go through a public hearing process. The north west area pupino and pepas have preliminary geochemical results which have been encouraging and I would expect some news on this. Have to remember when the drilling basically stopped they had been mapping the whole area so I suspect drilling will be more targeted, testing models and hypothesis. I'd be hoping for further drilling at Apta, an increase in works here. Remember the mineralisation so far at Apta extends over a strike length in excess of 800m and remains open in several directions according to the interpretation half a year ago but since then 3D models have been developed, so definitely more to come from Apta. In conjunction with this eyes are on the north west area. I'd like to hear news on pupino and pepas. When we can get at it. I suspect that's very close to being on the cards. I'd also like to have a proper drill plan in place, an idea of budgets etc, metres to be drilled. Of course JV news is at the forefront. Dr Remington in previous post stated about the plot next door having 300m of low grade gold, which is significant to us. The company will be well aware of these findings. The last RNS said they have been considering several other opportunities, not just the Meridian JV, which are at the advanced stages of negotiation so I'd be hoping to hear finalisation of these soon also. I'm expecting big things from this next RNS in all fairness, just before the conference call, signalling orosur's intent moving forward. I expect Brad's going to deliver it too.