SPR spartan resources limited

Ann: Corporate Presentation - RRS Summer Series (Brisbane), page-87

  1. 3,569 Posts.
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    Worth noting from SL's presentation.

    Sly Fox Deposit
    (he circled this in blue)

    https://hotcopper.com.au/data/attachments/5952/5952731-16f13e0b59ea84e6d47d62feb9d071bd.jpg

    SL: "This one just here (slyfox), is actually running at the same dip and plunge as NN but almost 1.5km away. This was the highest grade prospect on this tenure before we discovered NN. We just haven't got to it yet, but we are getting to it now. Part of the plan for this year is to get stuck into shallower(er) higher grade while focussing on increasing NN.

    So we are trying to offset the increasing costs of drilling deeper holes at NN (which doesn't seem to be stopping) and putting some more high grade shallower stuff on that resource table to really bring up the project ounces."


    The last drilling campaign at Sly Fox came up with DGRC0657-DT (in yellow) August 2021 and that was the biggest hit found at Sly Fox (400m deep).
    There are a lot of solid hits there (in purple) and open many ways. But you just have to wonder if this could be a "look-a-like" that SL talks about.

    Sept 2021 Quarterly

    https://hotcopper.com.au/data/attachments/5952/5952990-31d0e84ce81de70eeeee9bd73c2bcc16.jpg


    https://hotcopper.com.au/data/attachments/5953/5953060-8b04baaef93b9a8affede334deb17497.jpg

    Going to be a very interesting 2024 and the Sly Fox could be one worth watching.
 
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