This guy seems knowledgeable28 Apr 2020 16:30
The geology of the Nevada gold deposit consists of two zones flanking a 15-20 metre thick dyke. These zones are mineralised halos around the dyke. It sounds like grade control in a possible future mine could be done potentially without having to rely heavily on assay results, since both flanks of the dyke in the original borehole in 1989 are mineralised and contain significant gold values. It makes the drilling targets easier to identify and suggests that the geologist will have a good idea, from the more recent hole, where to drill the next one. A few results like the original one and this becomes a mineable zone, over 20 metres in width. The drill is on site and in the state of Nevada, Mining is considered an essential business with respect to Covid-19 concerns. Assay results should be available by the end of this month. Further drilling should start to outline reserves within weeks. Will the company be able to cash in on next year’s anticipated increase in the gold price