New posts

Reply to thread

Message

15.5m at 20.5 g/t gold and 32m at 4.9 g/t gold

Those intercepts read as roughly 300 metres below current reserves. They already have heaps of underground reserves anyway so I wonder why they're spending apace with expensive deeper diamond drilling from surface.

“Drilling is continuing onsite with two rigs operating on double shift with further results expected over the coming weeks"

Doesn't matter I suppose as they're making bulk cash at their cost level.
Maybe they're making themselves a more formidable acquisition target or maybe just keeping their exploration crew occupied. Someone I subscribe to on Patreon reckons this whole team of exploration, construction and mining has been so successful at Sanbrado that management wants to hold it together by finding another big project from scatch.

Held

<blockquote data-quote="finicky" data-source="post: 1095564" data-attributes="member: 2104">15.5m at 20.5 g/t gold and 32m at 4.9 g/t goldThose intercepts read as roughly 300 metres below current reserves. They already have heaps of underground reserves anyway so I wonder why they&#039;re spending apace with expensive deeper diamond drilling from surface.&nbsp; “Drilling is continuing onsite with two rigs operating on double shift with further results expected over the coming weeks&quot;Doesn&#039;t matter I suppose as they&#039;re making bulk cash at their cost level.Maybe they&#039;re making themselves a more formidable acquisition target or maybe just keeping their exploration crew occupied. Someone I subscribe to on Patreon reckons this whole team of exploration, construction and mining has been so successful at Sanbrado that management wants to hold it together by finding another big project from scatch.Held</blockquote>

[QUOTE="finicky, post: 1095564, member: 2104"] 15.5m at 20.5 g/t gold and 32m at 4.9 g/t gold Those intercepts read as roughly 300 metres below current reserves. They already have heaps of underground reserves anyway so I wonder why they're spending apace with expensive deeper diamond drilling from surface. “Drilling is continuing onsite with two rigs operating on double shift with further results expected over the coming weeks" Doesn't matter I suppose as they're making bulk cash at their cost level. Maybe they're making themselves a more formidable acquisition target or maybe just keeping their exploration crew occupied. Someone I subscribe to on Patreon reckons this whole team of exploration, construction and mining has been so successful at Sanbrado that management wants to hold it together by finding another big project from scatch. Held [/QUOTE]

Verification