Ann: Exploration Decline Commences at Dalgaranga, page-72

Well... I will firstly say that after the recent presentation SL delivered in the U.S, I was a little nervous that SL might have been letting his exuberance overall his cool head, but.... it is now clear that by and large, SL only shares true/semi realized potential when... the cores are speaking to the whole team.

Hard to overstate the significance of the new drill results, particularly when you have the duel results and benefits of Pepper results (basically showing more ounces/higher grades for the upcoming MRE and later reserves, which will keep the production fans happy) and the 'District scale' results which keep tantalizing the market with upside... upside that.... hmm.... dangerous to say this, even DEG has struggled to replicate (even though Hemi is a Tier 1 discovery).

I have taken note of the many wise posters views on today's thread so far and it was interesting to see that they did not include a detailed graphic for the Pepper results, but... from what I can see, it matches exactly what was expected/hoped for, with the Flexure zone reducing the grade for the lowest hit.


We have very quickly just got confirmation that "several promising targets with potential Never Never style discoveries" are indeed along trend as you picked up on @calmbeforestorm.

In fact, the SPR team might have to get busy adding more stars to this map soon....





As for the distinct scale results... without a doubt, another RC rig and a further DD would be amazing. I think we will likely see an expansion of the rigs, but... I think some need to temper this with how the drilling will further ramp up as they go U/G (shorter drilling lengths and hence quicker turn around overall). I can also understand that some might want SPR to go big and go deep and just see what is underneath all the targets, but... quicker and cheaper in the near term to flesh out the targets (though I very much want everything drilled ASAP! ha).

I just get the feeling that SPR is... on a count down before some sort of corporate action occurs (other than RMS), similar to BGL, except... again, BGL was not able to quite replicate the sort of results that SPR has and the complicated/narrow resource has meant it's become a trickier investment for the market. SPR looks to not have that as an issue... very clean, very reliable ore bodies.... sort of a CMM (Karlawinda) of underground deposits.

As for Nick Jolly's post on Link.... very interesting...firstly confirming that they are indeed getting a real handle on the structural architecture (aiming the rigs to where the gold really is!) and perhaps hinting there are even more targets that have yet to have any drill holes? (as compared to Patient Wolf, Arc etc).



Then of course.... Golden Wings.... (from the 28th August Pepper announcement).




All that being said.... I am really looking forward to seeing what Pepper holds beneath the first flexure zone. SL spoke confidently about it extending, but.. I am continue to oscillate between wanting confirmation of what is undoubtably going to be very profitable ounces in a near term mine plan, before needing to know about the 'potential' look-a-likes, even though I want both (but.. still continue to find it hard to believe that I and many other holders could really be so lucky).

Almost time to buy another box of Maltesers if this continues.

Good luck to all holders. I feel particularly grateful today.