My only disappointment with this is that it's only 7200m of drilling so far assessed (lab delays I presume). But a 0.8 Moz return on this is pretty good still and don't see too many other explorers getting these types of updates on low number of holes drilled!
Some very rough extrapolation for the remainder of the original 25,000m of drilling still puts us in the ballpark of 4.5-5.5 Moz by end of this year if the drilling is consistent (and others have already confirmed that this update doesn't include ~0.9 Moz from current drill samples).
Not sure yet whether the additional holes to get the 40,000mts this year are infill drilling to confirm confidence level or broader to expand the overall resources, but they do still note that it's open in all directions.
Good update to the market and inline with general expectations of those that have been following this sensibly for awhile now.
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