Given that Yamarna is a greenstone belt, I have always wondered given the extensive amount of exploration (drilling) here that we had not any inkling of any other style of mineralization e.g. Ni, Cu etc.
The below is an extraction from today's quarterly. The Golden Highway Project (JV) is the closest to the plant, so if the could add say another 1,2 100k's ounces here, it probably would be economical to mine and truck it to the plant. Remember we built an airport and camp here so any more years mining here should see us get bigger returns long term. I wonder the if focus on the Golden Highway now, is because management is now starting to think that maybe they won't another elephant like Gruyere here.
Gruyere JV exploration efforts in 2022 are focused on the Golden Highway Project. Drilling is underway to better define
and potentially extend known Ore Reserves of 0.3 million ounces at the Golden Highway Project, with a view to optimising
their inclusion within the overall Gruyere Mine Plan.
Hmm I see they have done a JV with IVR (a company I held for years) on the Stuart Shelf. This company has always had good projects, but they never had enough big backers to do justice to their projects. High risk / High Reward area the Stuart Shelf, but one risk the I think the company should take. Another string to gold bow won't hurt.
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Given that Yamarna is a greenstone belt, I have always wondered...
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