Yak52.. I was a bit perturbed by the latest drilling results - not a show stopper yet but I didn't like the way that SPWRC083 was omitted from the long section due to an NSI - it's shown on the plan however, bit naughty.
SPWRC097 will be critical - currently awaiting results? The diamond hole was targeted in a thick part of the lode and only gave a 2m intersection. Not a show stopper as the lode is definitely there and these things pinch and swell but a little disappointing.
Overall the results show the lode is getting a bit thin and steepening slightly at the 200m RL - hopefully it comes good again at depth of plunging north. Overall I would say this is a negative announcement but just a bump in the road hopefully. My wireframe has been slimmed down accordingly with an current guesstimate of 350-450 k oz
Ann: Penny North High Grade RC Results & First Diamond Drill Core, page-25
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