Hmmm. Bizarre exploration strategy with a fear of stepping out too far from known mineralisation. At these grades they need tonnes to compensate.
My calculations have it at around 7 (20m thick)-10Mt (30m thick) (tentative density of 3.0 - this is more likely to be >3.1). It is open in all directions and I cannot see why they are stepping out in such small increments. These deposits are typically laterally expansive and grade should increase with depth (pooling in the lower parts of the sill).
I might wireframe it up and get a better volume if they decide to continue their step out strategy.
1-Step out drill holes @100M-200m spaced - DHEM?
2- Deep holes are no issue as grade should continue with depth. Deep RC pre-collars
3-Start getting resources put out - don't make the mistake of so many others in fart assing about. You can always grow this.
They need to be brave and put done some sighter holes and broaden their drill spacing. No point in getting an indicated resource if the tonnes are not there . You can always infill later.
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Hmmm. Bizarre exploration strategy with a fear of stepping out...
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