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Ann: Assays Confirm Discovery, page-127

  1. 4,447 Posts.
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    LEG looks nothing like SIR, because it only goes 80m along strike, and is a pencil shoot.

    ESR has been a bit overcooked IMO, on the trading recently, but this is a solid hit. The problem is the Car Boyd has been drilled since the 1970's and the majority of holes are 1-2m of similar grades to this, albeit shallower. ESR may have hit the sweet spot, but this is only one hole. The proof in the pudding is going to come from step-out drilling along strike. ESR will need a good 200m of strike at these widths and grades to make a deposit worth mining, and will need it to go +100m down dip. Punters won't know this for a couple of months.
 
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