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Ann: Parks Reef PGM Mineral Resource Upgrade, page-14

  1. 251 Posts.
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    I think this announcement gives us a look into the future of what is possible at Parkes reef
    If the mineralisation is consistent and so far it has been we would be looking at approx 6m ounces to a depth of 325m
    So its entirely possible to get 10m ounces at 500m
    That's fairly close to what Chalice has got isn't it ?
    Plus there's a billion dollars worth of copper there now
    I also like that the management are keeping us informed regularly it keeps us relevant
    The only downside is the sad state of affairs in the laboratory's of WA where samples are taking 3 months + to analyse which is affecting all WA mining companies.
    However we are quite lucky that we don't need the assays to continue our next drilling campaign which means no hold ups on that front so imho we are on a winner here just need a little patience
 
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