SPR spartan resources limited

Ann: Deepest Drill-Hole Hits Significant High Grade Intercept, page-7

  1. 12,601 Posts.
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    Phew..... another great announcement, as... whilst I am without doubt confident in the Geo team and SL... the geology can easily change.

    Cannot wait to see what else they find from the ever expanding pile of assay's. The two DD rigs are clearly going non-stop.

    https://hotcopper.com.au/data/attachments/5297/5297489-d1af57ca6c7a7339070eff60b8d1e196.jpg

    While the depth of the deposit growing is clearly the headline for the company, I am hopeful that the overall resource is fattening, meaning upcoming MREs will see an increase in grade and ounces (at the periphery of the main body).

    @wassa - all good. Though I think you are being a little hard on WGX considering their holes are double the depth of GCY.

    Next hole looking to be potentially 100m deeper. I really like how patient GCY are being, so easy to just throw really deep holes into the ground, but instead, just creeping lower and then infill follows.

    I guess the initial plan is going to be changed.... and soon if all the drill holes keep hitting mineralisation.

    https://hotcopper.com.au/data/attachments/5297/5297547-a30cff7af2d203f2dd8c7ac4f552ee7b.jpg

    Now... just need that decline to get developed!
 
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