Ann: High-Grade Results & Drilling Recommences at Spur Project, page-65

@John8769

"we are lower in the system than I was expecting"

Correct, I think it took WTM by surprise to see copper introduced into the system (py>cp) and hematite (red rock) with other inner propylitic path finders within 150m of surface, now they're taking a conservative approach of small step outs to chase it down-dip. (I must be honest, it took me by surprise too and why I entered late but happy to keep buying)

Are they really close to the potassic core?

The other exciting part, mineralisation is not buried by useless overburden, at ALK's Boda-Kaiser there's +75m of worthless material to strip though before getting into low grade ore of 0.2-0.4g/t AuEq, at SPUR we're seeing 0.4-1g/t Au from surface (think low strip ratio for open pit).

I'm comfortable if the share price drifts lower until new assays or as others suggest a capital raise because I know the more they drill, the deeper they go, the better it will get.