Well... pretty sure that bodes bloody well for the MRE conversion to M&I, plus potentially.... a uplift in grade?
500k ounces at 10g/t for Pepper?
Every drill hole shown above is going to important for SPR. In that Pepper is... a huge value add for the project, it's shallow, high grade (potentially higher than Never Never) and likely to be the best 'value' exploration spend in the near term to add reserves.
Really like the graphic on the left, with the clear delineation of the drill drive/decline. Nice and clear for investors to be able to understand how development ready this discovery is.
Interesting to see they are doing a step out on Never Never... another possible repeat?
I wonder what some in the market were expecting from the initial drill results? I guess personally, I was just going to be happy with the current MRE estimate holding up, so... this seems like a fairly amazing result so early on.
Well done to the SPR team.
Ann: Pepper Delivers 27.01m at 39.15g/t Gold, page-9
Add SPR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.50 |
Change
-0.005(0.33%) |
Mkt cap ! $1.669B | |||
| Open | High | Low | Value | Volume |
| $1.51 | $1.55 | $1.49 | $5.034M | 3.313M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 12250 | $1.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.51 | 28768 | 3 |
View Market Depth
| Last trade - 16.10pm 06/11/2024 (20 minute delay) ? |
| SPR (ASX) Chart |