And, they are drilling right now... we just don't really have much information, yet, about the nature of the effort being made.
Are they working on an effort that is intended to help define the extent of the known near surface mineralization... or, are they looking deeper, trying to find the sources of the near surface minerals ? Are they conducting a more limited, still exploratory effort in "poking a few holes" here and there... looking for keys that will guide them in making more extensive efforts later ? We still don't really know what the nature of the focus is... even whether success will mean that it will enable them in defining a "mule", or an "elephant". Which one are they looking for ?
Perhaps what they have will fall into the range of having found a good "mule" as in "better to find five good mules than one elephant"... or perhaps it will fall into the range of "better to find one good elephant rather than five mules" ?
"Mules" means lower cost, higher grade, easily producible deposits of a much more limited extent... probably still in the around a million ounce range finds... with finds that are "elephants" meaning much larger tonnages in lower grade deposits that might be lower in grade, but that are still vastly larger in terms of the total ounces contained...
Elephants found in the area might exceed 10 million ounces... as others in the region have.
Success in finding "elephants" means finding a much larger than average body of lower grade ores, preferably pairing larger quantities of ores with higher than average grades among the lower grade ores... with that now being virtually the definition of "the big one"...
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