Had some time to look through this acquisition. The SPX boys would command a premium now so with links to NST and now SPX, you're gonna have to pay up. The Eureka project was held by TYX and it looks like there is an undeclared JORC with more ounces and higher grade...
Source: Eureka gold project
I'm guessing the upcoming drilling will try to target any of the potentially higher grade and deeper gold along strike. Good to see we won't have to wait too long to get that going.
Historic drilling was relatively shallow so here's hoping for another SPX.
Warriedar also looks like it could be a potential monster if some of these grades stack up
I guess it'll look like a very expensive acquisition if nothing is found but if anyone could pull a rabbit out of a hat, it's this team. Good luck to all.
Ann: TNT ACQUIRES HISTORIC WESTERN AUSTRALIAN GOLD PROJECTS, page-27
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