Timeline for updated model3 Mar 2021 14:04
The latest drill plan shows 9 holes planned. Assuming hole 4 means 10 holes are now required then we have 5 more holes to drill (and assays to receive) in order to get the info to update the model. This is large deep resource so if my understanding is correct, assuming an optimisic 80m a day, and an average of 800m a hole then once hole 5 is finished we would have 50 more days of drilling to get the cores to complete a model. This does not account for assay times for the last hole or updating the model. The remaining holes may not need to be as deep but I'm not sure any of them will be much less than 700m. I assume if we are lucky with the targets we may not need 10 holes to get to a reasonable model. This is sort of good news as the bigger the resource is the longer the drilling progam. However if my assumptions are anywhere near correct we will be lucky to get an updated model by the end of April.