Based on the following announcement we are due some interesting results.
"New contained silver resource is more than double the previous estimate which was 4.6 million ounces of silver in the inferred category.
Average grade increased by 30% from 200g/t to 256 g/t Ag. Base metal grades also increased.
Cut off grade maintained at 70 g/t Ag.
A portion of the resource is now classified as Indicated.
Resource remains open to the south and at depth.
Near surface potential exists in undrilled areas along the trend and above deeper mineralised intersections.
Additional drilling to commence shortly to further extend the mineralised area as well as upgrade the existing resource to a higher JORC level."
I also like Nathan's comments:
"Still accumulating this stock at these ridiculous prices. If anyone knows anything about the coming inflationary pressures, they would want to hedge into precious metal assets pronto."
"SVL with their high grade, near surface vein deposits are in prime position for a rerate. When we get their new drill results and more continuity along strike, things should get really interesting."
Good luck to all holders.
Newminer.
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
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15 | 1804278 | 0.094 |
7 | 1704358 | 0.093 |
8 | 543768 | 0.092 |
14 | 731089 | 0.091 |
Price($) | Vol. | No. |
---|---|---|
0.097 | 737100 | 5 |
0.098 | 663014 | 4 |
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