SPR spartan resources limited

SPR is already at 2.5m Oz at close to 5 g/t. Pepper infill and...

  1. 6,779 Posts.
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    SPR is already at 2.5m Oz at close to 5 g/t. Pepper infill and expansion drilling will get that closer to 3m Oz maybe even by Dec this year - Unnamed, if like NN or Pepper could bring the total to 4m Oz at a grade well over 5 g/t maybe even over 7g/t. Then add the higher part of Pepper that they have been unable to drill to date from the surface and its an easy 4m Oz.

    But if you are just referring to the UG resource we may get to 2.3m even as high as 2.5m Oz this December with Pepper infill and extension drilling as Pepper is super high grade much higher than NN. If Unnamed is another NN or Pepper it is an easy 3 M Oz at a grade around 10g/t and probably closer to 3.5m Oz - then we need to add the potential resource of upper levels of Pepper they have been unable to drill from the surface - the grade of around 10 G/t is the big kicker! 4m Oz anyone? Don't forget NN is open at depth.

    But they need to demonstrate that Unnamed is another NN so the figures above are pure speculation and maybe wishful thinking.
 
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