Thank you @Gottinhemmil Well done to present the three (at least) separate projects within the project.
DSO MRE at Storm is main and central - it is not uncommon to increase a MRE by two thirds just by infill drilling which up grades the confidence level of the surrounding holes within the deposit. But step out drilling (to discover the edge, as you say) also increases MRE of course.
I am expecting a meaningful increase this year - and more to come as well. Cant put a number against it yet.
But the numbers are important - like eggs in your basket - you can make an omelette with those eggs, not next weeks eggs.
Second and very important for AW1 in years to come are the deep holes at Storm - searching for lower level mineralised strata and hopefully the feeder structure of the mineralisation. The A1 target and the new deep discovery at Squall (assays awaited) are indicative, and they appear to be south west and outside the Grabben faults. ie they are is the horst rather than the grabben and that represents a new picture for me.
Third is the district wide exploration over known gossans - Thunder, Tornado, Tempest etc.
Here are snips from the recent
13% copper and Squall discovery ann, Sept 3 2024 - which should have rerated the SP substantially. A good read.
The 13% copper might represent an undiscovered super grade lens - looking at Fig 3 of that ann it is on the edge of the deposit and towards the open area to the N.E.
And Squall is just a prelude to discoveries to come using MLEM. IMO, of course.
Exploration drilling and Moving Loop Electromagnetics (MLEM):
• Drilling of a MLEM anomaly in an untested area south of the Thunder Prospect has intersectedstrong visual copper sulphides from approximately 181.4m downhole – this new discovery isnamed ‘Squall’
• The deep-searching 400m loop MLEM survey is currently underway at Tornado where it hasidentified two EM anomalies coincident with outcropping copper
• Drilling of the 1,300m x 500m EM anomaly south and below the Cirrus Deposit is in progress withthe diamond hole planned to a depth of 600mFinally it needs to be said, because some people here are off the planet, Dave and his team must be in need of a well earned break, after a massive effort so far on site, and the visit to present at Beaver Creek Conference, and arranging for the drop of shipborne stores at Storm.
A super human effort I would dare to say, and those who disparage or criticize it are out of order, I say.
So thanks again to you
@Gottinhimmel and to Dave and his team - not finished yet, we know, but well done Sir.
PS - todays ann is a goodie too - deep into the grabben where there is sure to be lots more copper - the diagram Fig 4 shows that Cyclone is in the Horst and today's deep discovery appears to be similar strata in the grabben. Hooray !!
Not advice DYOR.
(20min delay)