Hi, Shareholders,
I have completed the analyses with regard to the grade of WR1 Cancet resources and drilling progress to date. Please see the picture and feel free to circulate it. Considering the grade level and depth, I think the resource base deserves an A rating relative to peers such as CRR, LRS, and others.
Key findings:
- The average depth that WR1 gets the resource is 16.24m - very shallow relative to peers.
- The total drilling thickness to date, in which WR1 gets the resource, is 189.67m. Most drilling holes are only less than 50ms in depth. This means WR1 has started in-depth drilling.
- Most importantly, the weight average Grade level is 2.01%, still above 2% - securing a world-class grade level.
- Overall, WR1 Cancet asset looks promising.
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