SPR 0.00% $1.29 spartan resources limited

What do you think the chances are of finding more of these...

  1. 4,410 Posts.
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    What do you think the chances are of finding more of these hydrothermal deposits (high chance, possible or low chance)?

    Gilbeys Main is a fairly large ore body.
    It's a fair assumption that all that low grade gold came from several high grade feeders similar to NN.

    "At this stage we are guessing , we do not even have enough drilling for a scoping study of more than a year mine life".

    I was always under the impression that a Preliminary Economic Assessment or scoping study could use both inferred and indicated resources.
    Surely the current mine life would be well in excess of 1 year.
    Are you just referring to NN's 1 year mine life as the primary feed?
    Yalgoo would fill the mill for a year by itself at a Reserve conversion rate of 50%.

 
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