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Ann: Highest Ever Silver Grades at Maronan, page-11

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Spacexplorer

240 Posts.

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20/09/23

18:36

Post #: 69943028
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Originally posted by eastwest101: ↑

A complex announcement with lots of drill results but my takeaways were:

1. Eastern Zone shallow drilling is close-spaced with Cannington-esque grades of Ag
2. Many more drill results yet to come
3. Additional skinny mineralized horizons turning up in the drilling
4. Quite high Ag Cu Pb results turning up in localized weathering zones below the Mesozoic cover, and crucially, mineralization at the base of the Mesozoic implying possibly a period of exposure and weathering of maybe other big Ag Pb Cu orebodies nearby.
4. Still a stranded asset with the nearest suitable mill being Cannington

Just as a side note guys - Cannington does have some minor As issues but they manage to blend it out by stockpile management and mining sequences to avoid high As stopes all coming online at once, as it is a penalty element that stuffs up flotation and does come into play for BHP and S32 when they mine at Cannington.

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too expensive to build a mill onsite?

MMA Price at posting: 21.5¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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Ann: Highest Ever Silver Grades at Maronan, page-11

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Ann: Highest Ever Silver Grades at Maronan, page-11

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