Here's hoping that the other companies in the ROF take a few notes from the style of Probe's NR this morning.
This NR was very succinct and to the point. A quick refresher on work completed was provided:
"magnetic and electromagnetic (EM) responses identified by geophysical surveys completed in the winter." and "The ground geophysical program also identified a number of deeper targets, which would not have been detected by the airborne survey and will be tested in this program"
It outlined what they were doing and where:
"A minimum of eight holes is planned to test selected targets displaying coincident magnetic and electromagnetic (EM) responses" and "The program will begin on the western side of the property with the first hole testing a geophysical anomaly associated with the mafic intrusive identified in outcrop and move east from there"
Importantly, it provided an estimated date, and a plan to inform shareholders through press releases:
"It is expected the drilling will take two to three weeks to complete, at which point an update will be provided to shareholders." and "still waiting for assay results from the sulphide mineralized ultramafic intrusive intersected during drilling of the Victory Project...Results are expected in one to two weeks and will be released as soon as they have been reviewed by management."
Also significant is how after talking about the mineralization of the Victory Project, they explain the importance of the geology to the layman:
"Most of the world’s major Ni-Cu-PGE deposits are hosted by primary magmatic sulphides in mafic-ultramfic intrusions."
All in all, this is an easy reading and informative press release, one written for the retail investors. Well done Mr Palmer.