The new discovery announced today by VMC is only around 3.5 km directly above (North) of where SBR has been conducting their recent AC drilling. It will be very interesting to see our pending AC assay results and it will be even more exciting to see what happens when SBR 'go deeper' with the RC drilling to see if we also hit some good solid gold grades in the bedrock!
With the Penny West Discovery within a few hundred meters to the west, and the new VMC discovery to the North I would now say that the odds of SBR making an actual solid gold discovery has been enhanced by roughly 50%?!?
Everything seems to lie within a good and close proximity to the other companies new and major (SPX) discoveries and they all appear to be well and truly on strike!
GLTAH+DYOR
SBR Price at posting:
1.0¢ Sentiment: Buy Disclosure: Held
