It is great to see that the historical sampling intervals of 10 m still showed economic intervals, albeit at lower grades. The EM2 intervals of 3 m (adjusted as appropriate to geologic conditions) are high-grading the diluted historical sampling and showing up more zones of enrichment than initially known. Old data is unreliable, so this seems to be going quite well.
This make for solid targeting of the initial mining zones to get the richest, most easily accessible dirt out first and get some cash flow in to pay for the operations. This is what the team is doing, so it is a strong indicator that they are intending to mine this play. They can't say they are going mining until FID, but the indicators are there. It is all of the stuff that needs to be done to show that it is economically feasible and convince the Board to go forward or stick it deep up inside and shelve it.
It won't be 10 cents for much longer. Ramp ramp ramp!
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