I love it when dour professional geos like Simon Lawson start throwing technical jargon around like ...
... "game-changer" ... "spectacular intercept" ... "exceptional high-grade results" ... "signs that the regional potential could be much bigger than even we could have imagined" ... "... has the entire technical team pretty excited" ... "an exceptional opportunity" ... "we are very excited to be mapping out a bright new future for Gascoyne shareholders".
I could be wrong but I am reasonably confident that SL is not the type to engage in hyperbole. Nor do I think he would be throwing around so many superlatives if he had in mind some incremental improvement in Dalgaranga. I see some are talking about maybe 100k oz and maybe twice the current grade of 0.8g/t. That to me would only be incremental improvement.
Separately, in his February RIU presentation SL said that his history is mostly in underground and he would love to go underground but what he is looking for is shallow near-mill open pit, preferably oxide, that he can feed into the mill. Can anyone tell me what is included in the revisions to the Dalgaranga Mining Proposal and Mine Closure Plan that were were submitted to the WA Department of Mines,Industry Regulation and Safety in May? The announcement notes that Plymouth and Gilbey's East are already in the permitted areas so what new zones are included in the revisions.
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Ann: New Wide Intercepts Confirm Gilbey's Nth as a Game Changer, page-26
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