I seem to be saying 'phew' a lot with GCY, though in a good way.
Another great start for the drilling campaign of 2022. The first page is a little noisy so, I needed to go back to get the right context for these results. Hopefully the GCY team will include this in the next update, which could be soon, as we are awaiting another 45 holes (though not all for the East Wall).
Sorry its a little rough.
They seem to be saying that these sort of lodes, could extend the length of the known mineralization, which, would be a great outcome!
What gives me real excitement, is the potential to justify a semi-stage 3 cuttback. For example, the extra ounces in the East lode, enable more of the main pit to added to the mine plan, whilst also adding ounces and enhancing the returns for doing the cutback.
Again, very rough example of a new pit design.
Here's hoping their predictions prove correct again, and GCY begins to look like a company, with not just a plant, but... a plant with gold
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