The results posted the other day may not be striking but they lend evidence to a ‘master plan’ of exploration and I am quite impressed (even if it is a bit slow).
Looking at the drill program this performs two platforms for them to go off. At Dikaki, and although holes 18 and 19 are fairly low in resource %age, it does show that the resource covers that spoke off the basin to the West across the full 300+ metres.
Presumably the plan with Bouambo South and the new drilling has set out to prove the same extent as that of Dikaki. And if it covers the whole width that puts the proverbial cat amongst the pigeons. Because that would lead one to believe that the resource thus extends the 10km length throughout the basin and that sits in the mine licence for exploration so prospective wise as noted above that would be game on. The other spokes will confirm or should do.
So, if they prove similar grades north to south via Dikaki and Bouambo in the spokes off the basin one would have to assume he volcanic activity extended from the basin and the same grades are in that area too. Which on the whole are far from shabby. The question is then how far into the basin?
TBH if I was Bradley I wouldn’t give two hoots about the NT and Qld, notwithstanding the great potential there too, if the potential here pans out. The team must be very excited about the potential here. Interested to see how this pans out. Most of the current exploration shows pretty shallow resource. Bonus.
If the potential is there surely an acceleration of exploration is warranted?
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