SPR spartan resources limited

Ann: Belt-Scale Potential Confirmed as Pepper Grows Rapidly, page-24

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    Spartan is committed to safe and respectful operation as a professional and considerate organisation within a diverse and varied community. Our people represent our culture and our culture is always to show respect to each other and to our community, to respect the unique environment we operate within and to show respect to all of our various stakeholders.  ”

    Nice endline


    Nice drill results as well?
    They are indeed doing what Simon said and growing the high-grade ounces immediately in front the  processing infrastructure  
    And ever more confident of at least three major discoveries …

    And I do like the comment “the Spartan team is pretty excited to get down into the darkness with our drill rigs”.  
    - openimg up those subterranean halls of gold! ​


    Management Comment

    Spartan Interim Executive Chair, Simon Lawson, said: “With exploration gathering momentum on several fronts, Dalgaranga is well and truly moving to the next level as a ‘belt-scale' high-grade gold system with genuine multi-million ounce potential.

    “Our primary focus remains on growing the high-grade ounces immediately in front our processing infrastructure, specifically the 1.48Moz Never Never Gold Deposit and the recently discovered 438koz Pepper Gold Deposit.

    “With three rigs now dedicated to in-filling and extending Pepper, we have again demonstrated the incredibly consistent, thick and high-grade mineralisation that we have become accustomed to in the three new in-fill/growth drill-holes released today.

    “This phase of drilling is designed to rapidly upgrade the existing Inferred Resource while also adding new high-grade ounces at depth as part of the ‘Target P1M' program currently underway.

    “As recently announced, the Exploration Drill Drive is also underway – taking us from the former Gilbey's Open Pit closer to our underground drill platforms each day and the Spartan team is pretty excited to get down into the darkness with our drill rigs!

    “We will be able to access the West Winds, Four Pillars and Upper Pepper target areas from the drive and ultimately land right in front of Never Never!

    “Our study work is also continuing with the latest round of metallurgical testwork underway on the recently outlined Pepper Deposit in preparation for a Feasibility Study and Maiden Ore Reserve now planned to be released in first half of CY25.
    “In addition, we have been systematically working our way north from Never Never with one dedicated RC rig and, as required, a diamond drill rig to test the geophysical targets we have developed and correlated with our successful structural targeting model across the Mining Lease.


    “The assay data released to date from Never Never North, Patient Wolf and Golden Wings suggests that we have at least three emerging high-grade discoveries on our hands.
    Given the success our recent targeting – and our ever increasing understanding of the structural geology that hosts this high-grade mineralisation – we believe that this high-grade greenstone belt has a lot more to reveal!
 
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