Positive RNS25 Jan 2021 08:22
The original drilling plan at APTA was for a small program of roughly 2,300m over eight holes - a program designed to provide a preliminary assessment of the potential of APTA, before committing to a larger program should the results of the preliminary program be deemed positive. To this date, over 1,600m have been completed.
However, the nature of the mineralisation at APTA is such that the main breccia zone and associated veins and sulphides are readily visible. Therefore, while the situation with delayed assay results continues, the visual indications seen in core are deemed to be sufficiently positive that the decision has been taken to expand and accelerate the current drill campaign.To this end, a third rig has been mobilised to site, with a view to commencing work in late January.
The Company will also begin the process of expanding its local infrastructure and operating capacity to allow for the introduction of additional rigs at short notice, should this be deemed beneficial to the project.
Even though Assay results will be delayed because of Covid, the visible signs of metallic and mineral veins running through the area and the mobilisation of a third rig, is very positive news.
Holding firmly.