SPR 2.83% $1.38 spartan resources limited

This is the one I've been backing!!The best part, like Spartan...

  1. 4,358 Posts.
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    This is the one I've been backing!!
    The best part, like Spartan it's in the Murchison Region.
    Pretty close to Spartan's Melville Deposit in fact (existing road running directly from Golden Range mill to Melville).
    Long way to go but green shoots aplenty.
    They're currently carrying out their first ever Diamond Rig exploration program.
    Should be another round of assays coming out next week.
    Three out of the first four assays returned were over 75gm intercepts.
    It pretty much ticks most of my boxes.
    Existing infrastructure 850tpa mill, 150-man camp, mains power, existing TSF, haul roads connecting deposits to mill etc.
    Surrounded by other hungry mills (SLR Deflector, 29M Golden Grove, RMS Mt Magnet) and advance development project (CMM Mt Gibson).
    Major deposits already have mining permits.
    Prospective tenements littered with old timer mine shafts and old high grade open cut mines.
    Average drill depth across their Golden Range tenement package is 43M.
    Has a potential path to production at their other large project (1 million ounces and mining permitted) which lies in elephant country (Nevada Carlin Trend).
    This is a prime example of an explorer potentially becoming a near term developer with two very promising development prospects.

    https://hotcopper.com.au/data/attachments/6308/6308288-501f209449f2ef2b67e9988d856cd10b.jpg

    https://hotcopper.com.au/data/attachments/6308/6308293-7e76d841d8e715b9291465113e0cb6e7.jpg
    https://hotcopper.com.au/data/attachments/6308/6308294-22125c8a1af14babf32830e7e8f0e787.jpg


    https://hotcopper.com.au/data/attachments/6308/6308352-74dda43c3ac8415a8961d0d54053e419.jpg


    GLTAH
    DYOR
 
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