Historic drilling data isn't just dusty paperwork. It's often the cheapest, fastest path to proving (or disproving) a project's potential.
When studied right, old holes can de-risk projects overnight, highlight high-grade intercepts, and show where the exploreco should sink your capital in.
But the data is rarely perfect. It might be incomplete, poorly located, or never properly verified to NI 43-101 standards.
So, don't just take the company's word for gospel when they tell you it's been "historically explored".
Ask some questions.
- where exactly were those collars?
- do you have downhole surveys, core photos, recovery percentages, and original assay certificates?
- what did the core actually look like (veining, alteration, sulphides)?
- were the grades fire-assayed or just grab samples?
- etc.
Old data without context is just noise. Ignore the details and you're speculating on hope instead of evidence.
Ask & dig.
I did, in our recent interview with
@StormExInc $STRM.V.
The CEOs answer is in the clip below.
The full interview is on YT and wherever you get your pods.