And yet another extension of WL.Another 71ms at a higher grade...

And yet another extension of WL.
Another 71ms at a higher grade again of 52g/t.
Parallel to existing vein rather than to the north but higher grade and resource still remains open to the north.
The anomalism is 2km long and we are still only at 1 km.

Also more oz's now likely to be added at OG as well;
First two RC holes intersect mineralised zones with 3m averaging 8.33g/t gold and 5m averaging 7.36g/t gold.
Surface sample results average 19.69g/t gold over a 12m by 5m area.
Those are the better grades but 285ms averaging 4.24g/t is still going to add further oz’s from surface.

Our ave vein grade has now increased to 27g/t from 24g/t.
Total length of veins sampled now 1.66kms from around 730ms on the jorc.
More than doubled the length and grade now higher.
Ave sample width still 0.5ms.
Bodes very well for a very strong upgrade to resource.
My 200-250koz is looking more conservative again.
Hopefully it gets blown apart. Plenty of evidence to suggest that can happen.

Re GH;
“The main high-grade vein was intersected at 16m depth and averaged 546g/t gold over 3m width within a zone of 15m averaging
118.5g/t gold. Either side of this vein are other high-grade structures. ABM personnel proceeded to take the
remnant RC samples on site and pan gold from this 3m section. A total of 12 grams of gold was panned from
15 kilograms of material which would indicate a grade of approximately 800g/t with individual gold grains up to
5mm. When gold is so coarse it is difficult for laboratories to estimate the total assay and the laboratory
reported this to the Company. Based on the panned sample it would suggest that the assays are under-calling
total gold content.”

There are a lot of positives in this quarterly.
We should be in for an excellent year despite current weakness for the sector.
At these grades and margins, moving to development and adding further resources will over-ride movements in POG (up or down) as far as valuing the company is concerned.