Thanks Vendor,
I was hoping someone was going to post that this morning.
Funny how they mention that the resource could be upgraded as a result of the western limb extension and the much more significant eastern vein didn’t even get a mention.
“Old Pirate’s resource of 427,000 ounces of gold could be upgraded given that the western limb extends beyond the existing resource.”
The eastern vein added 185ms at 31g/t plus 63ms at 15.4g/t at a much wider 1.9m average width, with another two nearby veins adding a further 110ms at 15.8g/t and .66ms wide and makes a deepening of the pit more likely as well.
The western limb extension was welcome and very high grade but did not seem anywhere near as value adding as the eastern vein.
Both are open to the north.
It’s a pity these reporters don’t do just a little more research before publishing.
Hopefully that's one more seller out of the way and he hasn't got more to sell (the 3.5mill parcel sold at 4c this morning).
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