General Chat, page-7682

https://www.sec.gov/Archives/edgar/data/1852551/000149315224023437/formf-1a.htm#b_004

There are some new disclosures in there eg. below. But there's a lot to read through...


Trundle - aero-magnetics pending.
Surface Exploration Summary Table -
Soil Samples: Train, Shoeshine, Muddy Creek, Shadow, Stibium stand out.
Rock Samples: Similar to above. But of note: RPM had relatively few >1g/t samples, but a high peak value (356g/t). Shoeshine also has a standout peak value (1290g/t), but with relatively more 1g/t samples.


Progressing definition for MRE (M&I&I) and PFS (M&I in particular).


RPM South is not the best part of RPM (half of it is deep under a mountain, and not the best grade), but if there's a connection to North or Valley, then that would benefit PFS a lot (since the connection zones fall within the prospective pit designs, which is currently considered to be waste in the calculations).

I think North Uphill would be high priority too, as it's easier/quicker to reach M&I status, and likely better grade and with similar benefits in PFS. Any North-South / Valley-South connection zones would take more time to prove up.

Cathedral gets a mention, but is on the back burner, unless we had funds for an excess of rigs.


I think ASX allows project-wide resources (to unrealistic depths eg. the portion of RPM South under the mountain), but US requires in-pit resources in the table. So I feel like US 'resources' are half way between ASX 'resources' and ASX 'reserves'. But, that doesn't mean that the pits are definitely realistic. Eg. they show a Cathedral pit, which SS2 never showed, and it goes deeper than Korbel's while having lower grade.