IRC intermin resources limited

20,000 metre drill program at Teal

  1. 7,109 Posts.
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    Looks like the timetable has brought forwards the drilling time-table (including the 8,000 metres of drilling to 500 metres scheduled for the September quarter) to this quarter + June quarter -

    Previous plan from 19/02/18 release -

    Several new, untested, exploration targets have recently been generated within a 1km of radius of Teal, Jacques Find and Peyes Farm. The new discovery targets will be drilled in the current March Quarter.

    On completion, Jacques Find will then be drilled to 200m depth across its entire 400m strike length (stage 1 ~6,000m) to extend resources in this area. If the deep drill hole RC results are positive and of a tenor suitable for underground mining, Intermin then plans to systematically diamond drill Jacques Find to 500m depth in the September quarter (stage 2 ~8,000m).

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    Latest release -

    31 holes for 4,144m of infill and extension drilling completed to date at the Jacques Find and Yolande prospects

    Drilling continues with two RC rigs on site to complete the 20,000m Teal program in the June Quarter with further results expected in coming weeks
 
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