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  1. 5,867 Posts.
    The grade was only good in parts sport.

    Other holes not flash.

    Geological structure is complex and will require significant drilling to generate a 'resource', and a bucket load of better drilling than this to get a reserve.

    Have a look at PSV,BGF,BDG and LVR to see what you need for a Victorian reef system.

    SML is not anywhere near having a significant economic resource base. May make the directors a few bob, but shareholders?

    Cheers,TAS
 
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