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clock Created with Sketch. 04/04/24
13:57
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Originally posted by calmbeforestorm:
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Nothing really new except he stated they are drilling a 1,000m hole at NN (ie close to the bottom of the ET depth were his words I believe) and they are very confident they will see similar results to previous holes. If they do that we will see confirmation the ET is real - importantly, if the hole confirms very high grade gold to about 1,000m we may see an MRE down to 1,000m deep within the ET range in the next update but quite a lot will be inferred. I have noticed in previous MRE's they seem to estimate an inferred resource down to below the deepest hole (but not too much deeper) so if they follow the same pattern then we may seem an increase in the NN MRE of over 50% or over 500,00 Ozs and maybe more if they choose to expand the inferred zone below 1,000m.
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https://www.bigmarker.com/read-corporate/RRS-Gather-Round-Second-Quarter?bmid=d91d90601f2d&bmid_type=member&bmid=d91d90601f2d
(20min delay)