RE:DrillingI don't see a problem getting to 1 million ounces once the stage 1 drilling program is completed.
Just on very limited new drilling data by Monument up to early 2018 , We increased the Indicated Resources for Burnakura alone to 293Koz from 98.4Koz, and the Inferred Resources to 88Koz from 4.4Koz .
You will note that these 43-101 resources were mainly from New Alliance and North of Alliance zones. The more southern areas were not included .
Very limited drilling subsequent to the 2018 43-101 have shown several high grade oxide discoveries ( eg Reward and Lewis zones ) while deep drilling has found high grade basement lodes beneath almost every pit floor todate in NA and NOA.
The latter is not surprising as these basement lodes have been found beneath almost every signinifcant open pit within the much larger area of WA .
In fact, the resurgence of mining in WA is more and more founded on mining these higher grade basement lodes.
We have over 20 of these formerly mined oxide pits in Burnakura and Gabanintha and the new 3D geologic has uncovered 60 undrilled shallow oxide targets in these two tenements .
Gabanintha has another 153,000 ounces and just 4 drill holes in 2020 found high grade gold and gold with copper beneath the main pit there and we probably have 20,000 ounces or so in the Tumblegum tailings.
So, 1 million ounces , requiring just another 450,000 ounces from current drilling program along with new discoveries since early 2018
should be a very reasonable early expectation .
Considering that next door , WestGold is mining down to 750 meters beneath Big Bell with expectations that gold will continue to be found in its basement lodes below 1000 m, eventually our two Murchisin tenements will yield multi million ounce production upsides.