SPX 18.2% 0.9¢ spenda limited

Ann: Maiden Mineral Resource Estimate for Penny West, page-15

  1. 2,558 Posts.
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    tolate post# 41046425

    Just the start boys and girls just the start, heaps more drilling to go.
    Just image what is coming

    BRING IT ON
    -----------------------------------------------------------------------------------------------------------------------------------------------------
    Yes as tolates post suggests - just imagine what is to come. A view of the 2 diagrams in todays announcement
    may give one an idea of what POTENTIAL exists with SPX tenements.
    The Gold cannot just "stop" at this point with such strong indications of it continuing further.

    https://hotcopper.com.au/data/attachments/1787/1787682-4322aee4bdd4b8844f56a6fbd9dfef10.jpg
    1.4 klm of UNTESTED ground which showed significant returns from Aerial, Magnetic & SAM surveys has yet to be drilled!
    Magenta & Columbia are also to be drilled further starting soon.
    Currently have been diamond drilling to test and prove if the Resource continues further deeper under the Penny West & Penny North deposits.

    https://hotcopper.com.au/data/attachments/1787/1787688-f4bb0e57db293a05a792cc56ff50f7b9.jpg
    Long section of the resource model with resource block grade and drilled diamond holes (awaiting results).
    Assays are pending on all of the RED drill holes indicated above. 13 holes in total with most below the current main deposit [Penny North] testing the open direction for more gold and extent of Resource in this direction.

    Yak52
 
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