They are some awesome holes. As predicted, Paulsens is providing the company with super tasty very high grade hits. A very nice bonus that shows us Paulsens is far from end of life.
These holes will end up in the resource over time.
The management are very bullish on Paulsens with the continued focus on finding another 1m ounces of high grade. I am looking forward to the drilling of the 3 large targets at Paulsens.
All these holes are close to the existing underground, so access should be fine.
Significant, near mine, high-grade results from outside of the current reported Resource highlight strong potential
to extend the current underground Resource (89,000oz @ 5.8 g/t Au):
o 1.42m @ 102.37 g/t Au from 19.34m (PDU4518)
o 6.19m @ 15.86 g/t Au from 23.72m (PDU4550)
o 0.94m @ 58.10 g/t Au from 19.50m (PDU4544)
o 1.33m @ 26.07 g/t Au from 22.02m (PDU4542)
o 1.26m @ 25.36 g/t Au from 14.60m (PDU4491)
o 0.88m @ 36.77 g/t Au from 7.62m (PDU4501)
• Furthermore, thick, high-grade infill results emphasise the robust nature of the current Resource:
o 5.72m @ 35.32 g/t Au from 36.78m (PDU4536)
o 5.99m @ 25.23 g/t Au from 16.88m (PDU4537)
o 3.00m @ 42.68 g/t Au from 1.00m (PDU4518)
o 4.20m @ 25.61 g/t Au from 4.00m (PDU4539)
o 8.05m @ 11.09 g/t Au from 59.96m (PDU4555)
o 2.00m @ 30.30 g/t Au from 13.00m (PDU4524)
On Coyote.
Coyote is already 488k ounces @ 5.1g/t. That will be exciting when it comes online with more drill results due to flow for the rest of the year. None of these ore bodies are getting smaller.
Fingers crossed on a toll treat to suck in the extra cash. That is a game changer on its own.
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