This came in much quicker than expected. Maybe the overrun labs have found a way to be more efficient.
With tin prices at US$39,700/t and briefly hitting $40,000/t last week (did anybody notice?), assay results for holes ZS143 and ZO144 (where visible mineralisation was observed), due in December, there is still so much potential yet to come.
The significance of this program, drilling beneath the resource, is that the diamond cores are preserved so that a greater understanding of the geology can be formalised which provides a better picture of how to target the resource next – in their planned phase 2 program. However, as they have already hit mineralisation in a number of places, the risk may have already paid off. Especially when the assays from hole ZS143 come in next month, it could be a real doozie!
Looking forward to seeing how this unfolds in the weeks and months ahead.
All IMO, DYOR, GLTA(Patient)H
SRZ Price at posting:
2.6¢ Sentiment: None Disclosure: Held
