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touquoy

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24/03/21

14:16

Post #: 52005363
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Originally posted by doodledog: ↑

From the same Investor Presentation on 16th Feb 2021, page 21.
I’m hanging for the Eight Mile Creek exploration results later this year.
I'm impressed by the page 21 map on the right, showing at least a third of the 217 km2 is shaded as inferred ‘Deposit Outline’,
no doubt as a result of data from the recent High Res Gravity Survey.
At a rough glance, looks about the same area inferred as ‘Deposit Outline’ as the whole current Sorby Mining lease.
Phase V drilling begins Q2, the Timeline Map on page 25 seems to indicate Drilling programme V commences around the end of
April and drill thru to around early August.
My head buzzes when i think what Lead and silver prices might be by the time they announce those drill results.
I guess they will drill the current resource at Sorby first to help current planning and drill eight Mile Creek last.
Any discoveries at Eight Mile Creek are 100% owned by us and Native Title / Mineral Exploration agreement has been executed.

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Hi Doodledog, I don't know about it being shaded inferred 'deposit outline' my assessment would be this is the area where the gravity survey has been done and interpretation of the survey is pending so we should hear some news about this in due course.

BML Price at posting: 41.0¢ Sentiment: Buy Disclosure: Held
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