$TORO.V Current program. 36 drill holes, 7500m. Fairly well spaced holes given the size. They are on 5th RC hole at Lourdes. $4m program. The diamond drill will show up next week. 1/5 (interview by @ericcoffin_HRA)
What does success look like?
Moonshot is 100m+ of 1g/t+ like a Yanacocha.
~50m of 0.5 to 1.0 g/t would be pretty successful then they would go look for higher grade. Keep in mind the holes will have 200m spacing to start so if there are areas they like they then step-in. 2/5
Moonshot is 100m+ of 1g/t+ like a Yanacocha.
~50m of 0.5 to 1.0 g/t would be pretty successful then they would go look for higher grade. Keep in mind the holes will have 200m spacing to start so if there are areas they like they then step-in. 2/5
Eric says classic drill spec with big target as seen below. Large potential because it's a bulk tonnage system. Market can visualize large tonnage quickly if they hit. I don't disagree at all with that.
Assay results are expected to start being received in December. 3/5
Assay results are expected to start being received in December. 3/5
Eric notes how he dislikes prospect generators as an investment choice but the one thing he pays attention to is when the prospect generator wakes up one day and says "no, we're gonna drill this one ourselves." That is essentially what happened with Lourdes. 4/5
Eric focused on Lourdes only in this interview. Exactly what I wanted. Not ignoring any of their other projects (well I kind of am for now
) but I'm interested in Lourdes for now. 5/5
