This Tampia discovery is getting huge. The more they drill, the more it exceeds.
“The Leicester gold zoneis now four times larger and additional extensional drilling is now being
carried out to the west to close off this gold zone (Figure 1), which is not included in previous
historic resource estimates.”
“The new Leicester gold zone is expected to add significantly to the current Tampia gold resource.”
“the Wanjalonar gold zone continued to intersect gold mineralisation 200m to the south east that
defines a zone three times larger than reported in the current resource estimate”.
Looks to me like this will prove the Tampia barley paddock into an open cut mine with
very little overburden to clear.
Managements decision to blitz the deposit with drilling round the clock has been a clever
strategy and the resource is now way bigger than last estimate.Theres heaps more high
grade gold there than they estimated.
I reckon the big boys, like the ones that discovered it last century and walked away from
it will be watching the numbers closely now, ready to buy it back.
The population of Narambeen will be very happy with this latest batch of exceptional gold
results. I’m sure lots of locals have shares as its bound to be huge news in the town.
You tempted in yet Wogarl?
EXU Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held
