SPR spartan resources limited

Ann: Exploration Update - Dalgaranga Gold Project, page-6

  1. 5,507 Posts.
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    Well done to the entire SPR geology department.
    I'd love to know their drill hit rate success %.
    They seem to be targeting the orebodies with increasing accuracy.
    Either that or there is just gold everywhere down there lol.

    Simon is a smart man to focus on de-risking.
    Legacy issues are still not completely gone from investors/financiers' memories.
    Financing terms/options will improve as the confidence and economics of the project improve.

    Optionality is the name of the game, and they are building up quite the war chest of options with 5 deposits now certain to lock in increasing mineral inventories (Never Never, Four Pillars, West Winds, Sly Fox and Boomerang).

 
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