These holes add tons, but the company is really doing infill to lift the JORC up the scale. They are driving this into development. I think the next resource upgrade will be more to to do with the JORC category rather than just adding pure tons. Don’t get me wrong, they will also have more tons already, but Mabilo is open all over the place, so the drilling can continue on for a very long time yet. I mentioned that Mabilo was in the early stages about 6 months back and I still think it could produce anything at depth. Mabilo has all the potential in the world for a porphyry at depth. Then the gloves will come off with the share price.
Bunawan is something else again. It has really only just got some wild cat holes in it and they worked already. I would be looking for Bunawan results further down the track. They have the money to drill it, but they would need to work out the best way to get bang for the buck with it. Its clearly a large target. dyor
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