Australian (ASX) Stock Market Forum

Reply to thread

Some OK infill drilling here de-risking the main deposit for early production. More important now to me is extension drilling to build the resource further to extend the mine and possible ounces pa produced. I think there's more upside there that's not factored in.


62 drill holes to be reported in Feb and updated MRE this quarter should be interesting. Hard to tell what the additions will be but that's a lot of drilling and they've been extending the resource with each batch of assays, so will be well above 3.5Moz at a guess. Hard to tell with this deposit. You can see on the cartoon the amount of gold under the shell pit at depth.


They're planning on drilling 100,000m this year which could add quite a few ounces.



[ATTACH=full]136149[/ATTACH]



[ATTACH=full]136151[/ATTACH]


Top