Morning all.
A colleague of mine showed me a chart over the weekend which I admit that I had not picked up on the VTX chart.
I was very pleasantly surprised and had to review and post a new chart based on this observation.
That Colleague by the way is
@BaltasarG and worth following imho.
If we can apply that here, ( which I am ) we get a near 60c target.
Nice hey?
Let's move on to what we can expect as a follow up in the drilling.
Below is a drill plan that is done from underground.
Blast and drill a cutting to accomodate the rig and then scissor holes from that cut.
This is also the pattern that must be done in the search for ore bodies of this type, HG epithermal veins.
That drill pattern is also the same for surface drilling and what I see described as Directors specials.
Not sure of that mentality but look at how fitting that was with the Sunday Creek deposit.
That is the same type of ore body we are in search of.
Actually I will correct that and say, "what we want is a Swan Zone type of deposit".
As I have said before, Initial reconnaissance drilling is done at 50m spacing.The Swan zone is only 40m wide.That would have been missed in "normal" drilling scenarios.
It is really worth noting that Fosterville WAS only a 7g/t operating mine before they found the Swan zone.
They had a 250koz/a mill.
We have been a 309g/t operating mine with one geo that has worked at Eldorado describing this as an "analogue" to Eldorado.
That mine imho will have a lot of difficulty getting an operating mine again due to the constraints in the centre of a town.
We are very fortunate that we do not have those constraints and we have an operating plant that will cope with 100koz/a.
Enjoy the coming months as we get some drill results and further updates on production.
Kind regards, Wack
(20min delay)