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Posted On: 11/22/2021 10:39:35 AM
Post# of 2050
It's not easy but I'm going to find some potentially good news in today's press release. Certainly not in quantitative numbers - there are none. Less meat than most press releases - zip, nothing as to production other than another shipment of activated carbon out by Dec 1st and I have not much idea if that is the 2nd shipment or 3rd or 4th. We know of only one definitively - the rest are vague. I hope this is about number 4 but it could be only the 3rd - anybody have a count? Whatever the revenue it's not enough to end the convertible loans. Anytime we hear no more toxics are are needed take that to actually mean more have just been taken out.
I find the two letters RC as the hopeful part- Reverse Circulation drilling - a more serious way to drill and map results . New down-well pump is needed apparently to boost water flow for the RC drill program which takes continuous water flow to flush drill cuttings back up the inner drill rod for sampling. It's continuous sampling in real time versus diamond bit drilling. Samples from RC drilling can be bagged and shipped quickly and spot samples analyzed on site while other samples go to a lab.
You don't make that sort of thing up so assume a new drill program using better equipment is in the offing. Who's doing it? Well, I will give them the possibility it's a potential partner who'd have the equipment or funds to do a serious RC program. There is other evidence that suggests something is happening between the Mexus and Noche properties.
Thin as a reed but I will take away a smidgen of hope for more news soon or word of drilling in progress somewhere on the claim.
https://castledrill.com/an-introduction-to-re...-drilling/
I find the two letters RC as the hopeful part- Reverse Circulation drilling - a more serious way to drill and map results . New down-well pump is needed apparently to boost water flow for the RC drill program which takes continuous water flow to flush drill cuttings back up the inner drill rod for sampling. It's continuous sampling in real time versus diamond bit drilling. Samples from RC drilling can be bagged and shipped quickly and spot samples analyzed on site while other samples go to a lab.
You don't make that sort of thing up so assume a new drill program using better equipment is in the offing. Who's doing it? Well, I will give them the possibility it's a potential partner who'd have the equipment or funds to do a serious RC program. There is other evidence that suggests something is happening between the Mexus and Noche properties.
Thin as a reed but I will take away a smidgen of hope for more news soon or word of drilling in progress somewhere on the claim.
https://castledrill.com/an-introduction-to-re...-drilling/
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