Transcript
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0:04 Well, so you recently announced an expanded drill program. Can you please provide some more details?
0:12 So yes, so we are going to a new phase of exploration now with this drill program. It's going to be an exploration drill program compared to now we completed the resource drilling for the San Juan and the Palomosos areas. In reality, this is now we're going to mobilise 7 rigs and the drill plan is going to be about 14,000m and we're looking at quite a few different targets we had our eyes on for quite a bit now. And among these are brand new areas that have never been drilled before and some of them are old historic areas that have seen some drilling, like for example, the Saltito area, which is a completely new vein system that hasn't been touched by us yet, but it has some historic information and proven goal
1:05 intercepts. And other areas are really extension of the main system, we can see San Juan up to the north and to the south. And some of the areas are connecting the deposits, let's say the San Juan and the San Marcial area, so there we have the so-called gap area, which is inside between the 2 areas which are about 5 kilometers apart. So here really we have the chance to fill out the dots and the gaps between these 2 deposits and prove this is a big system. All right, well, what was the catalyst for increasing the existing exploration drill program?
1:53 So essentially, as mentioned, we're trying to now identify the areas and prove that the vein system that we are dealing with really is a very big system. And in doing that, we are now looking at areas that we have identified, which are prospective due to mapping and prospecting. And those areas, for example, the gap area is one of the areas that we're looking at which is in between the 2 known deposits, San Marcial and San Juan. So here we're kind of filling in the gaps and trying to find continuity.
2:33 Great, thank you. And how much previous exploration has taken place in these areas? So that depends. Some of them are areas that we identify newly and they haven't been touched before, basically virgin. So we're going to be testing completely new areas. In other areas there has been historic exploration, so there's been drill holes drilled and there's been also historically
3:02 good intercepts, so we're going to go back and try to reproduce these intercepts and find additional mineralization. Great. And what are you looking forward to as a result of this program? So really we want to, as I mentioned at the beginning, we really want to prove that this is a big system and that we have continuity in mineralization along these structures over kilometers and kilometers as we can see the structures continue, right? Yeah, so Can you give us some examples of new areas you're drilling? One area we have already started to drill with 2 rigs is the Plumosis South area. We are following up on the gold-silver structures which we identified during the resource work that we did at Plomosis and these structures are found further south about 1 kilometer and so we have 2 rigs there drilling the first 2 holes and we have about a 4,000 to 5,000 metre programme.
4:09 Another area of interest is the Saltito area. So the Saltito area is about on the west side of the San Juan area. So this is a completely different vein system. And we haven't drilled that at all. There has been a little bit of historic drilling here and it's also a Goldrich system. So we're excited to start drilling this new area.
