I'm not sure how many holes the drilled (as the announcement didn't say) but there is definitely lot of 'low grade' gold under the Heffernans pit... as they had hits all the way down to ~700mtrs.... if these results 'suggest' some higher grade ore is nearby.... I have no idea.
Just spit balling here... but if they find more of this consistent multiple (at depth) hits of low grade ore in this same area.... and if gold was to really gets it's skates on and push into the say ~$3000AUD range (which is 'feasible') then a case could be made to expand Heffernans and Ganymede into one biiggggg pit.... but that would still be some way off.
For now I'm just pleased were 25% off our recent lows! Really hanging out for the qtrly..... I so want it to be north of 20k ounces.... just so the rebuilding of SH trust in the company can commence.
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