Slow down mate, still not there yet! Though yes, these are great...

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speculator101

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13/05/24

11:56

Post #: 73794768
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Originally posted by Joelstar: ↑

@speculator101
Holy smokes, this Ricciardo deposit alone is shaping up to be a 1-million-ounce deposit.
Fields Find copper gold porphyry system hitting mineralisation with every shallow drill hole, this could be an elephant sized deposit.

Lots of high-grade smoke being found around the existing boundaries of the currently interpretated high grade mineralised zone.
Many holes are still ending in mineralisation (can't wait to see what the diamond rig finds).

Newly discovered parallel loads at Rothschild and Ricciardo will greatly improve the financial metrics for any future open pit extraction.
Thick intersections like the 4m to EOH @ 14gt gold shows us this Ricciardo group of high-grade shoots have the potential to be a very profitable underground mine camp.
Well done to the Warriedar team, you continue to hit mineralisation at a super impressive strike rate.

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Slow down mate, still not there yet!
Though yes, these are great results considering how small and targeted the drilling programs have been to date.

I like Ardmore result, as shown on the left, the mineralisation goes down to at least 450m.
I would really like to see an expanded exploration program at Ricciardo.

Hopefully in the future WA8 can better illustrate where the MRE boundary is (they show a limit of the drilling). We already know that most of the drilling is not deep, so as they have already tried to highlight, this is very early days.

Fields Find & West is interesting too, though still early days.

Hopefully the diamond tails don't take long!

WA8 Price at posting: 6.6¢ Sentiment: Hold Disclosure: Held
6 Upvote

0 Great analysis

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