GBR 3.92% 4.9¢ great boulder resources limited

Ann: Exceptionally high grades in RC drilling at Mulga Bill, page-26

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  1. 34,270 Posts.
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    yet he still shows a conceptual pit outline that is cc 220 Meters deep in Fig 3 , imagine the strip ratio on that area of the pit ?
    Maybe he feels the grade would compensate for the strip ratio which I guess is rational ?
    Note also the pit wall is shown at the same angle through Oxide and Fresh rock to .
    I guess I feel if he wants the best outcome for investors in raising the SP he may want to put more emphasis on a pathway to production in designing a drill plan , rather than just drilling to increase resource size or in this case to prove up the resource from inferred to indicated or as a reserve .
    Last edited by plough: 25/09/24
 
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