I'm a bit the same, I don't want to get ahead of myself. But I do think it is a distinct possibility. Simon has already commented that the fault runs to Sly Fox, and apparently it turns a corner to get there. I think from memory, he has also said that it goes the other way to Golden Wings, hence the AC drill program.
Four Pillars could certainly surprise as they go deeper, but I am more interested in West Winds. They have already mentioned that the grades there are improving at depth, with some decent width. So, if there is more high grade below the flexure zone at West Winds then it could be substantial. I suspect that the whole area below the proposed decline could have a number of high grade areas in it.
It seems to me that the whole deposit has been misunderstood from the beginning. If the flexure zone is a key element, then it has kept the best grades below 300 to 400 meters. Obviously mineralisation made it through the constriction, but it was probably dispersed into the soil around the main deposit leads. The previous management got excited at what they found at surface but made some assumptions that meant they didn't bother to drill deeper.
The rest is fast becoming history.
There is still a lot to play out here and the news flow should be significant for the next 6 to 18 months.
Kind regards.
SPR Price at posting:
72.3¢ Sentiment: Buy Disclosure: Held
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