BRB (ASX) Ann: Strong results enhance high-grade lode system

Originally posted by Countrywriter: ↑

I asked Tom about this long ago. He stated that he is illustrating the "type" of deposit in WA (fractionated dolerite) and trying to convey the scale. This was in response to ill informed commentary and questions he was regularly receiving. So he is making a valid point without any proven deposits endowment at this stage.

People in general do not understand the likely economics at Bombora so they have to "p" or get off the pot in that regard. The time for that critical initial PFS is approaching in coming months IMO. If 1.4g/t Au is confirmed in PFS then a 2.5Mt PA mill, given all the other metrics (stripping, Bond Work index, low oxygen demand and reagents, recovery rates etc), will be very profitable at trend gold prices. Only the scale makes that possible and it is a diluted grade.

The UG will need a lot of work yet the scale is similar to the deposits he is positioning as "similar". The lodes are long and continuous based on broad based drilling hitting gold with regularity. Overall grade is yet to be proven continuous we are getting grades amenable to UG mining given that these are not narrow veins.

I am sure you understand 70Moz Au is in the "freak" territory as deposits go. That should be a given for gold investors as well. How else do you think he could illustrate the scale? Tell him if you have a better idea he is open. The picture of the stacked lodes in the super pit are in the presentations of late, far more numerous.

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Thanks for the info Countrywriter/Jman and others. I thought the stacked lodes, Syd. bridge, and pits to scale beside each other worked well to illustrate the footprint but for size similarities of the potential pit there is a lack of ounces in comparison taking grade into consideration. To state the obvious If the Superpit trucked the amount of dirt out of the hole they have for a couple of million ounces they'd have gone out of business long ago. Just my opinion but I suspect there must be a hell of a lot more than 2million ounces or the likes of Electrum would walk. I'm happy to hold as I see the value potential but I'm just trying to stay as close to reality on my investment as possible. Does anyone know whether water at lake Roe will interfere with drilling and mining on the tenements as some photos show very little and in others there appears to be a fair bit- surface water can be a serious issue ?