Bonanza Grades at South Pit 1 Peranghi10 meters at 10.3 gms per ton at just 32 meters below the surface and obviously oxides.
Look north to South Pit 2 and you will also see very high grade oxides just 28 m bellow the surface .
Reviewing the total drills both historical and more recent, it's obvious that just over 6000 m have been drilled altogether at Peranghi ( recent drilling also of high success rate and grades are not included in this chart ).
Aside from the thousands of meters of drilled in the last 2-3 years to remove over cover ( stripping ) in order to configure the pit mining benches, it struck me that delineation drilling of the Peranghi discovery is rather sparse .
As the recent documentation shows, oxides continue to be discovered by closely spaced air drilling, north of the current 4 delineated pits.
Just a bunny hop across the less than 1 km divide separating Peranghi from Mentique, we have a similar oxide discovery but still in the cradle in its drill ontogeny.
Plus, there remains the possibility that these two oxides are sourced from the same high grade basement lode.
Combine these observations with the fact that the oxide mill at Selinsing will be on care and maintenance when the FP begins producing, and you arrive at need to invest much larger sums of capital to bring Peranghi oxides into commercial production through the suspended Oxide Mill, rather than Murchison which should be monetized as a spin out to shareholders under Australian management team .
For those who appreciate that the USD is now merely Monopoly money ( $31 trillion in debt and $117 trillion in unfunded liabilities ) merely because it was forced to be taken off the gold standard by the Khazarians in 1972 to brcome, in consort with Saudiies, the worlds reserve currency as Petrodollars, its days are very short listed.
Hence, it does not take much to knock out the last remaining leg.
Should the Saudiis , in one fell pre emptive strike, decide to take sovereign commodity based currencies a la Ru/CH/ Brics, for its oil, the games up.
You won't see any of these outcomes on the Khazarian owned MSM ( which I have not turned on since the Colin Powell Big Lie at UN ) but it is a reality.
Its consequence will include a massive increase in the POG
GLTA