Thats actually a pretty positive announcement, there's a lot to unpack in that announcement due to the numerous holes at different prospects, but the impression I get is that the geologists are starting to really understand the structure and mineralisation at Sabre, Scimitar and Reward. Some decent mineralisation logged in RC holes at Sabre so its worth my while waiting for these assays given the association between visible pyrrhotite and decent gold grades in the region.
Not really fussed about the vis gold at Buccaneer personally but the met test work might give them some options to do Buccaneer properly next time (or sell it or JV it to someone who can).
I've been highly critical of the company's communication and timing in previous years so hopefully this positive trend in results and communication can continue.
PRX Price at posting:
5.2¢ Sentiment: Hold Disclosure: Held
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