SPR spartan resources limited

Ok... last post on SPR for the day.... Many have tried to find...

  1. 12,535 Posts.
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    Ok... last post on SPR for the day.... rolleyes.png

    Many have tried to find gold at Dalgaranga, some succeeded, but... only found what until 2022 was thought to be a low grade...

    https://hotcopper.com.au/data/attachments/6485/6485415-669021460fe244b5e8e079c5bd21fb9b.jpg
    I feel for the RC team, so many targets to go after!
    Interesting note that Hendricks and Vickers get a mention (Golden wings too). The shallow know hits at the old targets I posted above, are like the breadcrumbs... leading the drill team to the right location, the gravity survey's are helping with the orientation and hopefully... the rest is history.

    https://hotcopper.com.au/data/attachments/6485/6485422-1ec30e19efe5dec7cd35dfaf6d87b557.jpg

    Hopefully this gives holders an idea of just how much is on the go, whilst the drill bit is spinning.
    Any thoughts from others on what the 'structural review' might turn up for Spartans?
    How quickly is the turn around for Gravity Survey results (as in, sure, getting it done is not a huge time lag, but.... the analysis that follows)?
    Mining studies now fully on the go.
    65,000m was initially budgeted... but now... just the start... I guess 100,000m for CY25 seems a nice round number!

    https://hotcopper.com.au/data/attachments/6485/6485459-412ed01af703425217086eb750132d48.jpg

    As others have touched on, I look forward to more clarity on the drill results (and.. which holes are still to be drilled/get results etc).
    As from the 28th of August, it would seem that there is going to drill hits which likely hit the extent of the mineralization, which, whilst necessary, is not going to interest the market.

    https://hotcopper.com.au/data/attachments/6485/6485504-e09a467d8171365a2fb7569bd7ce6fdd.jpg

    Good luck to all holders (though by the looks of the register, the retail are disappearing!).
 
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