Ann: WAF intercepts 79m at 2 g/t Au and 22m at 5 g/t Au at Toega, page-11

What a great update.

Lots of upside starting to been seen from the acquisition.... (a very very cheap one).

Firstly, from the last mine plan update, Toega ore was not expected to be fed into the plant until 2024.
Yet, in the sector below, 2023 will now see ore trucked to Sanbrado. Yes, it may not be a lot, as 2023 could be Dec 30... but I am hopeful that WAF is indeed able to push the introduction of ore forward.





Then you have the drilling results, which clearly show there is more high grade ore at the bottom of the pit, a pit which so far, only goes approx 220m. That is not deep for a 2m ounce MRE (with likely 1m ounce reserve).

You also have more ounces outside the pit shell, which will obviously be expanded.




Then you have some other interesting plans.
Gravity circuit expectations are being exceeded by up to 100%.... so lower costs.... plus hopefully lower power costs (solar).
I also wonder if perhaps, some improvements in the total recovery and... amount of ounces produced.



Looking forward to the feasibility study early next year.