TRY 0.00% 3.0¢ troy resources limited

Growth, page-24

  1. 59,167 Posts.
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    I would not suggest 500k oz deposit is an elephant, far from it.

    From what I understand Gold star at this stage looks like a viable deposit I don't think it's potential is anywhere near OC.

    Yes OC is narrow but it's high grade, so far it stretches 950m. Also you would not build a haul road and satellite camp for a deposit with only ten's of thousand ounces.

    Anyway, initial resource estimate will give us a better idea. I'll take a punt that the initial resource estimate comes in at around 250k oz, then should not be difficalt to double that. Then who knows how much more is there, look at Hicks, just required a bit more drilling to turn it into a bigger deposit in a short time

    But yes at worst OC will provide time and money to explore
 
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