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Ann: Drilling continues as Kookynie delivers outstanding results, page-97

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    "Most rescent drilling has focused on defining sections A and B. The next drill can show more of what is potentially that 330k cosmopolitan size resource at 15gt"

    You are right most of the drilling is on defining sections A& B which are assumed as 2 separate very high grade shoots .
    I see about 100 meters of strike when both shoots are combined
    Although the grade is extremely high with wide intercepts (guessing averaging around 4.0 meters true width ) the 100M strike is limiting the ounces per vertical meter IMHO ,
    guessing 100 * 4 * 2.7SG = 1080 tonnes of ore per vertical meter .
    DO not know what the grade will come out at per tonne as so many variables , top cut , nugget effect ,further SD analysis of outliers , smearing
    But unless the average grade comes out very high only way to get your 330K ounces (unless they find another shoot along strike) to indicated is to drill deeper with and expectation the shoots go deeper IMHO .

    IF they get your 15 gt (raw drill data suggests that ) and it does not cut off down dip we should get there , dont have to worry about hauling wood by Camel to Kookynie to power the boilers to pump out water under 50 meters of depth this time around so deeper mining is feasible
    Last edited by plough: 10/03/24
 
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