I believe a resource restatement of at least 30kt is entirely achievable as below reasons,
Firstly, we have a 6 km antimony mineralized belt.
Secondly, we’ve identified six new targets with strong historical drill results like 1.3m at 11.8% Sb.
Thirdly, our true width is the thickest among ASX-listed antimony projects.
Fourthly, our current resource estimate doesn’t account for surrounding low-grade antimony, and we’ve applied a 1% cutoff grade, which has left a significant amount of antimony untapped.
Fifthly, the Taylor Arm project has numerous historical mines and the highest-grade antimony results in Australia, which promises further major discoveries.
Finally, The Spartan project is believed to lie on the same geological formation that hosts the Hillgrove mine, indicating further potential for significant discoveries.
All of these points are quite exciting. TMG is highly likely to become one of Australia’s largest antimony projects and one of the largest high-grade antimony projects in the Western world!
TMG Price at posting:
4.9¢ Sentiment: Buy Disclosure: Held
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