@fangulator
Last time:
9 February 2018
Drilling Planned to Commence Today
13 March 2018
MUNDARLO JV Helix has secured 60% project equity by satisfying its earn-in requirements Three-hole RC program completed with strong alteration noted in logging Assays pending with petrology also underway on select samples DHEM surveys commencing this week
THAT'S ABOUT FOUR AND A HALF WEEKS TO LET YOU KNOW that they have finished drilling.
29 March 2018
Down Hole EM surveys have highlighted a well-defined conductor immediately beneath the maiden RC drilling at Mundarlo, NSW. The EM conductor sits within 100m of the initial RC drilling and is a priority target for immediate follow-up. Petrographic Studies from Mundarlo RC samples have confirmed: Initial drilling intersected variably foliated, brecciated and highly altered cherty meta-sediments and meta-volcanics that were likely to have formed in a submarine seafloor environment. Chalcopyrite present in meta-sediments has been replaced and rimmed by chalcocite – providing evidence for potential high-grade copper enrichment. The host rocks are likely to have been subject to multiple fluid-flow events and repeated bedding parallel faulting – events that result in good ground preparation for concentrating sulphide related mineralisation.
And an extra TWO WEEKS TO TELL YOU what they have discovered/confirmed
So now that we have kicked off the process again:
6 April 2018
Drilling Commencing at Mundarlo Copper Project Testing Below-Hole Conductor Defined by Recent Down-Hole EM Surveys
I'm thinking no speakies to the plebs until sometime in May.
MI
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