PDI 0.00% 27.0¢ predictive discovery limited

Hi all.Too right @AICpThat low grade is very shallow and oxide...

  1. 4,389 Posts.
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    Hi all.
    Too right @AICp
    That low grade is very shallow and oxide gold so strip and processing will prove very attractive economics.
    That could also allow us to start mining with a much less capex, adding as we need from our own funds which means no further debt or dilution after the first stage gets us producing.
    We have now had 2 weeks since the last ann so I will be expecting the next one tomorrow or Friday.
    That last ann with hole BNEDD0085 was an nice surprise.https://hotcopper.com.au/data/attachments/3360/3360851-4e38a0955ca10f91b5256bd8e145d1ec.jpg


    Now let"s see what the 4 holes just to the nth have to offer.
    They are marked on this pic in the small white circles.

    https://hotcopper.com.au/data/attachments/3360/3360857-2430b1f4dc03e5c8b77609aa6d4fc93c.jpg

    Any extensions to what we already have will multiply this resource nice and quickly.
    That central section is quite large, now let's see it grow some more.
    I have no doubts that we will find more along that interpreted 35km structure as well as grow what we already have.
    News may slow a little but I am expecting more excitement to come and soon.

    https://hotcopper.com.au/data/attachments/3360/3360873-7d3491ec7db7af3d6682a73f5c1a47ba.jpg

    Looks like the Gold Price is behaving and may have even started it's move beck up again.
    Sit tight.
    Kind regards, Wack
 
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