WA1 0.53% $17.16 wa1 resources ltd

General discussion, page-6369

  1. 1,284 Posts.
    lightbulb Created with Sketch. 143
    I am pretty sure they will get indicated resource from the 100m holes. It's a blanket without significant geological or structural continuity issues.

    They would have consulted the resource modeller to get a view on it and if he told them it was going to be inferred you would see 5 rigs there now drilling it to 50m spacing. The fact that they are not doing that tells me it will be indicated at 100m.

    Also they drilled the X to show continuity between the 100m spaced holes, which will help with confidence in pushing it to indicated.
 
watchlist Created with Sketch. Add WA1 (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.