An often cited statistic says that less than one project in a hundred will become a mine. So this person is correct, drilling is not the end all, be all.
In fact, it is only the first SERIOUS step. As in it shows intention, and takes a lot of serious money to do!
You can use this process to go over news releases or reports, to assess whether results from a drilling program are promising, just meh or underwhelming.
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Mining Investing Toolkit 