SPR spartan resources limited

Ann: Exploration Decline Commences at Dalgaranga, page-49

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    A few other matters I noted. He actually stated NORTH of 75% conversion of inferred to indicated ie minimum of 75%

    He also stated high grade gold at GWs - did they have high grade in the past or is that what he is seeing in current holes?

    Will be one of the highest margin gold mines in Australia!

    Grades in stopes are north of 8g/t - at 1mtpa that will be annual production of at least 250k Oz pa and if they get to 1.25mtpa 300k Oz pa.

    Drilling PW now with an RC rig - hopefully they find repeats of the very high grade hole from the past - seems to me they may have misinterpreted in the past where the high grade deposit may be!
 
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