My take was that this was infill drilling to support the Wardley report estimate of a much higher resource than is already known at Mt. Freda. While optimistic, I had some doubts. These results indicate there may be substance to the report afterall. I agree that any major movement would come from the JORC report itself or mine plan but I would have thought that supporting evidence (to whatever degree) would have at least held the price. For me it's no longer a question of "will we increase resource" but "by how much".
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- Ann: Another High Grade Gold Intersect at Mt Freda
Ann: Another High Grade Gold Intersect at Mt Freda, page-8
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