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11.5¢ kgl resources limited

I am impressed, but am no geologist so am pretty wary of...

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entropylord

13,936 Posts.

1042

11/10/21

11:45

Post #: 56706335
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Originally posted by dhc.mvltd: ↑

Great result and never doubted we would start to see this sort of result as we step out from initial known resource. However, did expect to this would be a hole drilled into one of the other hot targets outside the existing resource foot print. This is truly a bonus. It's the sort of head ache you want to have. Just as we get set for mine build we get a hit like this which is going to justify further drilling and changes to mine plan. Don't really care, this sort of grade looks fantastic. The team will be fizzing to get the DHEM result after this hit! Not long to wait either with them being on site.

AIMHO DYOR

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I am impressed, but am no geologist so am pretty wary of continuity given it wasn’t expected by the geophysics. I’d have preferred it coincided with one of the plates. Maybe the geophysics didn’t pick it up because it’s just an isolated spot??

Market seems to like, so I guess I am being too cautious?

EL

KGL Price at posting: 66.0¢ Sentiment: Buy Disclosure: Not Held
1 Upvote

0 Great analysis

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