Lies, Damn Lies and Drill Highlights: A Critical Look at Interpreting Drill Results – by Christopher Rawluk (Geology For Investors – April 2018)

https://www.geologyforinvestors.com/

“That’s the problem. Not every drill result is good. As investors we must evaluate public results with a critical eye an approach every mining company news release as questionable. Our investment depends on it.”

For junior miners, especially those with early-stage projects, drilling represents a significant exploration expense. The results of a drill program can make or break a project and where management is concerned, those results should always be good.

That’s the problem. Not every drill result is good. As investors we must evaluate public results with a critical eye an approach every public release as questionable. Our investment depends in it. In this article we review a few items to watch out for when reviewing company drill results.

We’ve talked about reporting interval thickness and proper QA/QC programs before so those won’t be reviewed in this article, but you should familiarize yourself with those concepts as well.

Drill Highlights

This is a big one. Nearly every release will have highlights, but how significant are they? Do they add value to the project? Are they anomalous or continuous?

For the rest of this article: https://www.geologyforinvestors.com/lies-damn-lies-and-drill-highlights-a-critical-look-at-interpreting-drill-results/

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