even with very deep holes this is taking long time. to me, it means extra holes and considering how tight the budget is I'd say this is good thing.
I had some correspondence with IC in the past regarding this particular area and his view at that time (this is recent time while follow up holes were/are drilled) and the message was they will test strike and depth. I think (reasonably sure) strike meant to be the zone along 108 and above 094. While the deep hole to test right below 094 but not to look for continuation below Reids Fault. To try to test below Reids Fault they will need over 2km long hole as the displacement is about 450m and in wrong direction - heading deeper. Originally, I think they planned 3 holes but considering how long they've been there they could be drilling more than 3 - perhaps the visuals prompted them to do so.
Or weather may forced them to pause so it takes longer to complete 3 holes of which one will be very deep.
See below - possible holes based on what I understood IC was saying and if we are right and they do drill more than 3 holes:
pure speculation on my part.
- Forums
- ASX - By Stock
- ALK
- Ann: Quarterly Activities Report
Ann: Quarterly Activities Report, page-30
-
- There are more pages in this discussion • 38 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ALK (ASX) to my watchlist
(20min delay)
|
|||||
Last
56.0¢ |
Change
0.005(0.90%) |
Mkt cap ! $337.9M |
Open | High | Low | Value | Volume |
56.0¢ | 57.5¢ | 56.0¢ | $229.6K | 405.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 69768 | 56.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
56.5¢ | 4637 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 69768 | 0.560 |
5 | 52364 | 0.555 |
8 | 89215 | 0.550 |
1 | 5504 | 0.545 |
2 | 4694 | 0.540 |
Price($) | Vol. | No. |
---|---|---|
0.565 | 4637 | 1 |
0.570 | 29812 | 4 |
0.575 | 3595 | 9 |
0.580 | 49020 | 2 |
0.585 | 95106 | 3 |
Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
|
|||||
Last
56.0¢ |
  |
Change
0.005 ( 0.74 %) |
|||
Open | High | Low | Volume | ||
57.0¢ | 57.5¢ | 56.0¢ | 126037 | ||
Last updated 15.59pm 07/06/2024 ? |
Featured News
ALK (ASX) Chart |