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Ann: Sale of Shares by Harmanis Holdings to St Barbara, page-22

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  1. 4,082 Posts.
    lightbulb Created with Sketch. 971

    Yes, looking at the map you'd think Raeside would be the obvious immediate fit for SBM:


    https://hotcopper.com.au/data/attachments/3387/3387205-891d252d77c4cb18cefc2a8d4d676092.jpg


    Mineral Resource at Raeside totalling 2.5Mt @ 2.07 g/t Au for 168,000oz consisting of:

    • Michelangelo – 1.5Mt @ 2.06 g/t for 98,000ozs
    • Leonardo – 0.5Mt @ 2.26 g/t for 39,000ozs
    • Forgotten Four – 0.2Mt @ 2.04 g/t for 14,000ozs
    • Krang – 0.3Mt @ 1.84 g/t for 17,000ozs

    Raeside also hosts several other target areas outside the four defined Mineral Resources.

    Hasn't been our focus, but I note from the website:

    Follow up evaluations and exploration activities are planned particularly along strike from the defined deposits. Potential to increase the existing Mineral Resources are viewed as probable.


    Wonder if that'll change?

    At any rate, could be a handy win-win if we get some production under way and a bit of cash flow.



 
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