SPR 6.50% $1.31 spartan resources limited

Ann: Dalgaranga Gold Project - Mineral Resource Estimate Update, page-136

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    From the Stock Head story ….
    This is cool nay?
    …..
    …. “Lawson says a maiden underground ore reserve is due in the second half of this year. But more discovery and resource extension drilling continues to be on the cards.

    “The recent discovery of the high-grade Pepper gold deposit, outlined only a few months ago and situated adjacent to the Never Never gold deposit, is testament to the incredible exploration mindset of the Spartan team and contributes a maiden high-grade underground inferred mineral resource of 0.43Moz at 7.66g/t gold,” he said.

    “Given this new high-grade discovery is in such close-proximity to the development associated with any Never Never underground access scenario, Pepper is the drill team’s Priority-1 in-fill and extensional drill target right throughout the second half of 2024.

    “We will focus on closing in the drill spacing and testing extensions to the Pepper Gold Deposit from surface right up to the underground exploration drill drive giving us an underground drill platform to continue this work.”

    He highlighted that the resource update delivered a massive 90% increase in grade and 45% increase in ounces for Dalgaranga
    .”

    Pepper really is “hot, hot, hot?”!! !

    cheers : )
 
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