Hi all, elevated copper and gold looks to be increasing and management are clearly bullish about this. Loads of assays still pending too.
The extension of the K lens highlights more potential:
"Potential major extension to the high-grade Kate Lens:
• 1.7m @ 4.4% CuEq1 intersected ~440m down plunge from Kate Lens"
Results will be included in a further Resource and Reserve update scheduled for the
March Quarter 2024; This will feed into a new mine plan
• Underground ore development in the lowest level of Kate Lens has yielded significantly
thicker mineralisation than modelled, potentially increasing production volumes
Will they increase the through put at the mill to make more $$$$$ or extend the LOM?
Either way this materially upgrades the Woodlawn project outside current Resources and within based on other results.
From Bill
"We have already established that Woodlawn is a substantial orebody with a plus-10-year mine life. But it is fast
becoming clear that it could be significantly bigger”.
This is certainly good news. Steady progress at this special company.
GLTAH
CW
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