windermere drilling, page-7

Hi duty,

Sorry mate I can't really help you on the comparison as my research into SRZ is very minimal.

As far as CSD goes it has a plethora of leases at Mt Garnet, that they have only scratched the surface on as far as drilling goes.

I found it very interesting that Ralph mentioned a 30-50 year mine life on the BRR the other day, and at present we have a JORC of just over 7mt (Windemere should bump this up shortly as it was conservatively measured at 2.1mt by John Sainsbury). As Ralph is planning on 1mt throughput per year then he thinks that there must be at least 30-50mt in the ground at Mt Garnet to support this.

He had picked the 3 easiest deposits to target at first, these being Pinnacles (Which currently has a JORC of just over 2mt at 0.4% tin, however I did read somewhere which to the life of me I can't find now Ralph said that he thinks Pinnacles had the most tin out of all the leases),
Gillian, which has higher grade tin up to 1.2% but averaging 0.6% with the current JORC at just over 3mt, however the tin bearing zone is open in all directions so the JORC is obviously much bigger, it just hasn't been drilled fully yet.

And then Windermere which I discussed in earlier posts has MASSIVE TIN DEPOSIT written all over it.

Then theres Deadmans Gully and a few other hard rock deposits that have hardly even been looked at yet, and of course all the alluvial deposits that have absolutely massive tonnages that haven't even been measured properly or included in any of the resource calculations.

Add to that the iron ore and fluorite resource that will more than cover the overheads on their own, this project is a multi billion dollar one.

I hope this helps mate.