SPR 4.78% 99.5¢ spartan resources limited

Ann: Surface drilling continues to unlock high grade potential, page-2

  1. 2,231 Posts.
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    this looks to be a very solid annoucement.

    The geometries of never never seem to be honing in on and despite strike at depth falling the continuous high grade nature remains to be displayed.

    Pepper showing encouraging signs of additonal, mineable high grade tonnes, I don't expect pepper to be huge but will be a good area for low hanging fruit, more Oz early on makes for a higher NPV.

    west winds geometry and high grade nature being realised, importantly providing additional tonnes through broad widths at a grade you wouldn't turn your nose up to. considering the recent knock on SPR is the fill the mill narrative, it's good to see additonal value accretive tonnes likely being added!
 
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