AW1 0.00% 11.0¢ american west metals limited

Unpopular opinion - I reckon we should save the MRE upgrade...

  1. 3,026 Posts.
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    Unpopular opinion - I reckon we should save the MRE upgrade until a year from now, to let us prove up indicated resource.

    That current MRE covers both inferred and indicated, and we surely want a good leeway re DSO so we can concentrate on Swiss cheesing the crap out of everything, with financial security.

    Would also let us secure some solid recent discoveries as thunder, lighting ridge etc.

    Meantime we could continue with the environmental, background DSO work and permitting, and test out Blizzard tempest etc a bit more.

    There is lots, lots and lots being done at the moment. I am very excited for the Blizzard, Tempest data.

    Couldn't be happier with Dave and the crews' work.

    I'm still not sure how I feel about those deeps... A1 anomaly is interesting. The 4th hole drilled last year was roughly between Cirrus and the Gap, but may have been in a space between the hotter areas/on the edge of the anomaly/across the graben fault - whereas the anomaly appears to be situated plainly south of the fault (I'm referencing the latest announcement btw).

    I've circled the hole in red, for reference:

    https://hotcopper.com.au/data/attachments/6408/6408079-c2bab6310da430841296c4d5585e361c.jpg
    https://hotcopper.com.au/data/attachments/6408/6408082-1e9fa1f3dcf2c416d89466f16ae163fe.jpgUltimately I've got my fingers crossed, like most of you guys. But, checking the facts - we know MLEM works really well for us, and we know that the core anomalies found via deep MLEM are largely untested. So one might think there may be some good indication...
 
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