AMX aerometrex limited

drilling suggests resource upgrade

  1. 926 Posts.
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    I have had a look back over the report again. Really, these grades are very strong and if you look at the latest drill collar dots on the diagram, it seems obvious to me that this is infill drilling to satisfy a resource upgrade. That will, in my opinion, the next announcement along with further results that are still coming out of the assay lab. In fact if they continue to come out of the lab back log and look like this - then a resource upgrade is almost assured. You won't need to do much more drilling to establish the resource model required for Pre-fease or DFS.
    4 million oz will come, as will 5 and possibly 6, but these results tell me that the ore body modelling is underway. Funding will be the last concern as this continues.
    R
 
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