SPR 17.3% $1.24 spartan resources limited

Ann: Pepper Delivers 27.01m at 39.15g/t Gold, page-93

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  1. 12,109 Posts.
    lightbulb Created with Sketch. 6919
    Hey Plough, I believe you are after AZY (they are an interesting company, but... prone to printing shares ad nauseum).
    Though the majors have thrown a crap ton of cash at the tenements (and still are).

    I am indeed aware of GOR and what they pulled off with Goldfields (saved their asses really, as there is no way GOR could actually run an operating mine).Whilst Gruyere is an awesome discovery, its... failed to have be repeatable... I guess I was more talking about district scale discoveries, sort of like Norseman (perhaps I am being too speculative, but.... NN and Pepper are like nothing I have seen discovered in Australia (yes... open pits like Hemi and Gruyere, but... perhaps nothing similar until you go back to Tropicanna, and as you point out, that was almost 20 years ago).

    https://hotcopper.com.au/data/attachments/6419/6419259-ce82789481f44318dfe96863bfa722d9.jpg
    Oh... and because I can beat drum....

    SPR has a second belt in it's back pocket! Almost.... at the point where SPR could throw $5m at it over the next 12 months... but I can understand that... at $16 an ounce discovery cost for Dalgaranga, it would be a hard sell (basically $5m might get over 300k ounces at Dalgaranga).
    Sigh, poor old Glenburgh.

    https://hotcopper.com.au/data/attachments/6419/6419270-4f4647b6f5afc6eecb4e41051ae3b976.jpg

    I wonder if SPR would still be independent if it was able to add Dalgaranga to the Major W.A deposits map.....
 
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