Post by venturous on Nov 2, 2008 12:04:34 GMT -5
After a quick review of all the drill holes on Aguilla, and the one on Pasacancha, it seemed interesting to analyse the drill rates in Meters/day thus far. This seemed like an easy task, however we do not have start and end dates for Holes 1-10. We just have final depths publicly available, so they are out of the equation. However for holes 11,11a and 12 and Pasacancha 1 we have some data for analysis.
Aguilla Hole 11A
Start date- July 29,2008
End date- August 13,2008
Number of drill days inclusive- 17 days
Final depth- 375.9 m
Final rate- 22.11 m/day
Aguilla Hole 11
Start date- August 18, 2008
End date- September 13,2008
Number of drill days inclusive- 27 days
Final depth- 605.3 m
Final rate- 22.41 m/day
Aguilla Hole 12
Start date- September 15, 2008
Interim reporting date- September 23,2008
Number of interim drill days- 9 days
Interim depth- 295.1 m
Interim rate- 32.79 m/day
Interim reporting date- October 2,2008
Number of interim drill days- 17
Interim depth- 535.6 m
Interim rate- 31.51 m/day
Final depth- 605.3 m
End date- Estimated based on interim rate of 31.5 m/day and final depth of 605.3m - October 3,2008
Number of drill days inclusive- 18 days
Final depth- 605.3 m
Final rate- 31.5 m/day
Average # of drill days based on 3 drill holes- 20.6 or 21
Average rate/day- 25.3 m/day
Aguilla Hole 13
Interim reporting date- October 22,2008
Interim depth- 304.65
Estimated final depth based on PLT-17- 500m
Average rate/day- 25.3 m/day
Difference to final depth- 195.35 m
Estimated # of days to drill completion- about 8 days from October 22, 2008
Estimated completion date- October 30th
At a depth of 550 m, estimated # of days to completion- 10 days from October 22,2008
Estimated completion date- November 1st
Pasacancha Hole 1
Start date- August 11,2008
Interim reporting date- August 24,2008
Interim # of days- 14
Interim depth- 284
Interim rate- 20.3 m/day
End date- September 13,2008
Number of drill days inclusive- 34 days
Final depth- 620.8 m
Final rate- 18.25 m/day
More info is needed about Pasa 2 or 3.
So, based on the above, and allowing 2 weeks for the lab and 1 week for data compiling, we should be expecting Hole 12 next week and Hole 13 in 3 weeks. Pasacancha hole 1 is expected this week based on the data above.
However, having looked at all the above, it is possible that drill results can't be released until all the shares from MacMillan have been distributed. For some odd reason, people might want to sell their Duran shares once they receive them and if there is a news release which affects the stock either positively or negatively in the interim, this could cause those people problems. Just playing the devil's advocate here.
ven
Aguilla Hole 11A
Start date- July 29,2008
End date- August 13,2008
Number of drill days inclusive- 17 days
Final depth- 375.9 m
Final rate- 22.11 m/day
Aguilla Hole 11
Start date- August 18, 2008
End date- September 13,2008
Number of drill days inclusive- 27 days
Final depth- 605.3 m
Final rate- 22.41 m/day
Aguilla Hole 12
Start date- September 15, 2008
Interim reporting date- September 23,2008
Number of interim drill days- 9 days
Interim depth- 295.1 m
Interim rate- 32.79 m/day
Interim reporting date- October 2,2008
Number of interim drill days- 17
Interim depth- 535.6 m
Interim rate- 31.51 m/day
Final depth- 605.3 m
End date- Estimated based on interim rate of 31.5 m/day and final depth of 605.3m - October 3,2008
Number of drill days inclusive- 18 days
Final depth- 605.3 m
Final rate- 31.5 m/day
Average # of drill days based on 3 drill holes- 20.6 or 21
Average rate/day- 25.3 m/day
Aguilla Hole 13
Interim reporting date- October 22,2008
Interim depth- 304.65
Estimated final depth based on PLT-17- 500m
Average rate/day- 25.3 m/day
Difference to final depth- 195.35 m
Estimated # of days to drill completion- about 8 days from October 22, 2008
Estimated completion date- October 30th
At a depth of 550 m, estimated # of days to completion- 10 days from October 22,2008
Estimated completion date- November 1st
Pasacancha Hole 1
Start date- August 11,2008
Interim reporting date- August 24,2008
Interim # of days- 14
Interim depth- 284
Interim rate- 20.3 m/day
End date- September 13,2008
Number of drill days inclusive- 34 days
Final depth- 620.8 m
Final rate- 18.25 m/day
More info is needed about Pasa 2 or 3.
So, based on the above, and allowing 2 weeks for the lab and 1 week for data compiling, we should be expecting Hole 12 next week and Hole 13 in 3 weeks. Pasacancha hole 1 is expected this week based on the data above.
However, having looked at all the above, it is possible that drill results can't be released until all the shares from MacMillan have been distributed. For some odd reason, people might want to sell their Duran shares once they receive them and if there is a news release which affects the stock either positively or negatively in the interim, this could cause those people problems. Just playing the devil's advocate here.
ven