Around three-fifths of assay results have now been received from the drilling programme, and are undergoing quality assurance/quality control (QA/QC) checks. The processing of the remaining samples is on hold pending the outcome of the QA/QC checks.
The company said the assay stage of the programme is taking longer than originally expected, partly because the company drilled twice as many holes as initially planned, while it has also decided to put all the data onto a common coordinate grid system.
“Our geological consultant Minxcon continues with modelling the raw data, the aim of which includes testing the drilling against the IP [induced polarity] geophysics anomalies identified earlier and incorporating new ground magnetic survey data. On completion of these activities, which are taking longer than scheduled (now target for end July), we will be able to develop, if appropriate, a drilling programme towards resource definition,” revealed Colin Bird, chief executive officer of Galileo.