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Ann: Nova Discovers New Gold Prospect at Wombat, page-59

  1. 5,748 Posts.
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    So Wombat has relatively easy access from Korbel, and is less steep than say T5.

    https://hotcopper.com.au/data/attachments/5926/5926312-180c03a4780e3123a4cbf9127c4ad6f4.jpg


    T5 - how do you get a pad uphill from that to drill down onto the vein?
    https://hotcopper.com.au/data/attachments/5926/5926314-74376977cb7a0078f4a1c8cbe973ee5e.jpgT5, Stoney etc:
    https://hotcopper.com.au/data/attachments/5926/5926318-cbe645d93df42856d312ea72432d61dd.jpg

    Vs Wombat (more gentle slopes):
    https://hotcopper.com.au/data/attachments/5926/5926322-82a13cab1983344c50a6ccf3f3beaf6c.jpg
    So if the geological signals are strong enough, then Wombat seems less likely to have drilling/pad/access trouble, than some other mid-Estelle targets.

    "Can be developed into a viable drill target". The announcement came across as enthusiastic. I don't remember Shoeshine getting the same description, and 'thickest veins to date', though not highest grade. But apparently not to be drilled in the short term, and not taking precedence over RPM/Train areas.

    Which seems realistic, as Wombat would be part of the Korbel area, while PFS would likely benefit more from RPM Area additions (from memory, ore sorting CAPEX would come in later years, meaning RPM area first, Korbel second).


    Also of note, Wombat was assayed for Antimony (and it's not that far from Stibium). The antimony doesn't look that high. I guess Silver and/or Copper were contributing more to the AuEq. But interesting that results are starting to roll in including antimony assays.

    Also, silver was included in the assays. We'll be seeing that more? For calculating silver byproduct credits. Waiting on that for RPM/Korbel for MRE.
 
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