SPR 8.56% $1.18 spartan resources limited

Ann: Surface drilling continues to unlock high grade potential, page-6

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  1. 5,827 Posts.
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    Two other things I noticed.

    1. they have undertaken some drilling just north of NN with 4 assays released. Only shallow holes to about 100 m - all 4 holes contained gold but nothing notable. Will be interesting to see what lays below these holes. One cannot rule out another Pepper until they drill deeper.

    2. phase 1 of the AC program is nearly complete with assays pending - probably will see results in June.

    I noticed the decline is designed to be only 200m to 300m deep - it’s not very deep and in some places is not as deep as the mine open pit - I expected it to be deeper ie 300m to 400m. Don’t understand why it’s not deeper.
 
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