im interested in seeing the feasibility study when it comes out…. I looked at all the drill results over the years… some good high grade at depth, but I’m not sure I liked the way they averaged out the high grades over the whole drill hole…. So you might have 30-40mts of low grade mineralisation, then 2mts of high grade bonanza grades… then they averaged out the total grades against the whole hole, when averaged out over the whole 30-40mts (or more) on the headlines it looks and sounds amazing… but in practice you have to get to those bonanza grades, and mining low grade to get there could be interesting… anyways I’m waiting for confirmation rather then speculating about this deposit… I’m not an expert, but have studied a lot of drilling results over the years… and this deposit has me a bit confused… I believe this type of deposit has some narrow high grade Veins… also has quite a bit of mineralisation at surface, if they could open pit everything and then go underground it might be a game changer… however they are extremely close to the town and other infrastructure… and there is a history of push back from the locals on that.
anyways do your own research… if the feasibility study is good… share holders will be rewarded, if it keeps being pushed back, it means they are struggling to make it feasible and need more time for gold to go up… or more drilling extra…
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