Ann: Exceptional new thick, high-grade intercepts, page-35

Hi everybody from the one-day-late to the party crew.
And, like Simon , I am also quite pleasantly surprised at the new vigour represented here .
And I don’t  about how any sector  naysayers experts reported to be out there by The Australian recently feel  about him  rubbing the ‘exceptional’ word into their noses   (maybe they have stopped   scratching their heads to start rubbing their tears?)  but the words “good” and “thick” from Nick Jolly  sound pretty tempting to me : )
And Simon’s ‘exceptionally good thick and exciting’  comments with hints of more to come…
Well ….  I guess. I’m somewhat intrigued to see what’s next and - no tears here, just  biting my knuckles a little whilst taking it slowly and enjoying the ride (oh yes!)

Thank you Simon
Please do keep rewriting the history here

cheers



Spartan Managing Director and Chief Executive Officer, Simon Lawson, said:

“The parent hole to the recently reported deepest intercept at Pepper of 25.24m @ 16.66g/t gold (DGRC1431-DT-W1) rewrites history again, being deeper still and returning an exceptional intercept of 30.79m @ 12.12g/t gold (DGRC1431-DT).
These two holes are separated by about 50m and demonstrate the continuity of thick, high-grade gold mineralisation at this exciting new and growing prospect.

“The Never Never Gold Deposit also continues to throw up pleasant surprises, with a new thick and consistently high-grade intercept of 19.67m @ 19.43g/t gold (DGDH066) from within the Inferred area of the existing Mineral Resource Estimate.
This near 400 gram x metre result provides strong support for our objective of converting Inferred ounces to the higher confidence Indicated category by in-filling this part of the existing MRE.
These two intercepts from Pepper and Never Never are, respectively, our fifth and sixth best-ever drilled at Dalgaranga – highlighting the potential of this mineral system to keep delivering exceptional results the more we drill.

“Meanwhile, hole DGDH072-W2 returned a lower grade but still respectable intercept of 11.45m @ 2.05g/t gold, indicating a possible area of increased grade variability around the 800 metres below surface level area similar to what we saw at the 450 metres below surface level ‘flexure zone'.
We still have several assays pending for this area, so we will learn more as we see these return.

“What we do know for certain is that the Never Never Gold Deposit is already well-established as our number one high-grade gold asset with Pepper rapidly emerging as an exceptional new high-grade deposit located immediately adjacent to our planned underground mining infrastructure.
These two deposits in combination will form the engine room of any future mining scenarios.”