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General Chat, page-7908

  1. 5,986 Posts.
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    The visible gold didn't turn into much last time.

    Though North Uphill did come out overall positive, even if the visible gold bit turned out to be not that impressive grade.


    What we're waiting on: hopefully further extensions to North Uphill. Though that would be inferred, so a medium term positive, after proving it up further. For M&I for PFS in the short-medium term, that'll depend on the mid zone shallows drilling, which is somewhat predictable already (unlikely to surprise too much - I'm expecting reasonable grades, but proving them up is the important thing - they would be early years production - very important for NPV).


    I didn't see mention of antimony drilling. More like surface exploration and bulk sample for testing. If antimony was drilled and had positive results, might it take some time for people to understand the implications? Everybody knows the value of 1Moz gold or drilling 100m@3g/t, but they'll have no understanding of antimony results.


    Expected:
    North Shallows Drilling
    North Uphill Extension Drilling
    Testing Results eg. advanced ore sorting

    Potential Surprises:
    Grants
    Road

    Slowly:
    MRE and PFS may be waiting on this season's drilling to finish, as to not waste money doing calculations twice?


    I think I saw 11 holes drilled, 4 in the lab. So I'm not really expecting imminent results. They could start to come in after a month or more?
 
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