Porphyry Drilling Q2 2023, page-33

Hi Sam,

I attribute 0 value to the Cayley lode given the grade tonnes and thicknesses. Unfortunately, given the location and these factors imo it is not a appealing resource and as something that can be a stand-alone mine. The resource does become appealing as part of a larger mine post porphyry discovery as a small open pit and UG operation grabbing the best bits.

Onto is not the first that comes to mind. That is a porphyry that has been completely overprinted by a subsequent intrusive to a HS system dominated by covellite-pyrite and quartz-alunite.

The Cayley lode is hypothesised as porphyry fluids that have developed to HS assemblages when bleeding off a deeper porphyry. The Lepanto -Far East relationship seems appropriate along with the relationship Resolution has with another such structurally controlled deposit that sits above it (can't remember the name).

All imho and dyor

cheers
cc