AAR 0.00% 14.0¢ astral resources nl

Ann: More High-Grade Growth at Eos, page-25

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  1. 227 Posts.
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    There are previous results of 3m @10.86, 10m @5.05 and 8m @9.58

    There are decent widths and high-grade for a shallow deposit so far at Eos.

    The importance of this announcement is the best bedrock intercept recorded at Eos 6m @5.57

    That gives rise to further exploration targets. Eos has a 48k oz resource at moment so what could it achieve? 100k oz, 200k oz.

    As others have said, every time Aar Drills they hit more gold.

    So Eos And Kaperman are now targets to deliver in further drilling. In the recent presentation Marc said Kaperman could be 50k oz or 500k oz but more drilling required.

    Theia is already 1m oz, Think Big is 100k.
    If Eos and Kaperman could come in total over 250k oz and Astral has one main deposit and three satellites deposits or more of higher grade of 500k oz, this would be greatly beneficial to the scoping study and the economics of the project.

    so whilst the recent announcement is a company maker, there can be optimism about what could come at Eos and Kaperman based on past results of the deposits of Theia and Think Big close by.
 
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