SPR spartan resources limited

Finally had time to take a better look at today's announcement....

  1. 12,552 Posts.
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    Finally had time to take a better look at today's announcement.
    Could not really ask for much better considering how early on this success has come in the drilling program.

    Hole DGRC382 has mineralization over 40m. At grades 2-3 times the the projects average.
    Hole DGRC381 has mineralization over 33m.
    Hole DGRC383 has mineralization over 18m.

    I do indeed look forward to a resource upgrade for Sly Fox and an initial one of Plymouth. As others have posted, being so close to the plant and in between 2 pits which are being mined, well... its going to be economic.

    When you take a look at the maps, I feel its not too much of a stretch to see Sly Fox & Plymouth joining up with the main and southern Gilbey's pits. Also, very happy to see that the hits are relatively shallow too.
    Pardon my poor attempt at drawing the outline of a future pit, but... just thought it might give some credence to my conjecture.

    gcy1.jpg gcy2.jpg
    Finally, I feel this part of the announcement is quite important. Hopefully with future holes, they will be drilling using the optimal angles.

    gcy3.jpg
 
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