Ringrose looks very interesting - and because it is near surface...

Ringrose looks very interesting - and because it is near surface (not utilising the shaft system). Some holes from prior announcement (remember this is surface drilling).

S1671 - 27m @ 4.57% from 225m
S1675 - 11.5m (TW) @ 1.27% from 174m
S1679 - 8m (TW) @ 1.49% from 136m
S1681 - 3m (TW) @ 1.21% from 219m

They say mineralisation occurs over 200m down dip and a 250m strike length (open in a few directions)

Some dumb math but if you can get 200m x 250m x 10m x 3.5SG you have almost 2Mt of ore at lets call it 1.5% Sn (30kt of Sn).

Now because the shaft is the bottleneck you could truck this ore to surface at say a rate of 200ktpa and push this material into the mill... getting you an additional ~2.25ktpa Sn. This would be extremely high margin material as it would utilise latent capacity and dilute fixed costs... it also completely derisks the operation with another ore source well away from current workings... lets see if they can define the resource out...