SPQ 11.1% 1.0¢ superior resources limited

Ann: Trading Halt, page-132

  1. 5,582 Posts.
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    Eyeman, if for example they get 200m @ 0.6% cu on hole 4 that gives us a nice start point.

    Say they did a parallel hole 200m west of hole 4 and got 200m at simular grade.

    We would them be pretty certain 200m by 200m deep.

    Another hole another 200m west, if same we would know 400m wide minimum x 200m deep.

    That would be 46m tonnes, if at 0.6% cu.
    280k copper.

    I'd be looking at 1b cap, esp if those holes were open.

    Hole 4 is open in depth, I'd think they will need a rig with 1km capacity at bottletree.

    Its the next few holes at bottletree that's going to determine end game.

    Many more will be required, but another 3 holes west may give us a rough worst case minimum resource size.

    Is deg, cxo, inr can land at 1b plus, spq can. But only if they get 300k plus cu.
 
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