Points of note:
- Lots of holes go South, straight down through the super zone. So every time they reported bonanza, people got excited but it was the same area (increasing certainty, but actually reducing the resource size, because it was overestimated in the initial inferred calculation, apparently).
- I do not see any holes going West, but Boring Pad did part of that job by coming from West to East, and apparently didn't hit much.
- I see a gap in drilling between -002 and -004 (East, where -043 is going). There are only a couple of drills in that big space eg. -003. With only a couple of drills, it would be easy for them to pass by something, by going over or under it.
So there are a few gaps, circled purple.
1. Only Boring Pad got a little data for this area.
2. Possibly a little more red could be added here.
3. Potential to add red or blue. VG is a good signal, as it falls within what was assumed as 'medium' grade.
What is inferred? Anything in the big spaces between drills. This (purple) from RPM Mid being a glaring example. 2 main drills creating a huge inferred area. But I think they don't infer it as high grade. So it has potential for an upgrade or downgrade, since it's so uncertain.
-043 is not in the resource calculation yet, but is it just redrilling an area that's already in the resource? Yes, it's passing through red, blue and green. At the time of the bonanza drills, I had not seen a resource outline. In SS2, I found the above diagrams more useful.
- The VG falls within the blue zone. That suggests to me that part of the blue zone has potential to change to red, or some green to change to blue (mainly assuming that the VG leads to good g/t).
This purple zone in particular is undrilled, but will be by -043. It has potential to upgrade the green area with some blue, or add more green. -002 and -004 both seemed to hit 'nothing' towards the ends of their holes, so it's not guaranteed to add more green, but the existing green inferred zone is not too optimistically large yet.
Measured and indicated is easy enough, just spending more money on closer drill spacing. I'm more interested in: have they overestimated anything, and are we likely to add anything new. North is fairly well drilled, but I think they could add a little more. After that, they'll have to look in the 4 trends within North/Mid/South.
So should they prioritise: upgrading North to measured? Or upgrading RPM with more Oz? They seem to be doing a bit of both. After the downgrade in Oz, we sort of need more Oz.
(20min delay)