OMG - pea base caseWhat's that saying ? The answer is most often right in front of you ?
2015 PEA - was based on staged pit shells. - stage # 3 =
Base case 2015 pea - look for the first delineated - V
Johnson Drill Image - Base Case
- just the smallest pit = pea + most likely 2023 pfs since it's only 120m deep
- spot the jagged sqiggley line
- look how small the pit shell is
- look how deep johnson's holes are !!!
- why did they keep the shallowest pit for, 2023 PEA ?
Question... - Could dividing
Main East Zone into Far East and Quill especially Quill
take tonnage away from Main East Zone ( keep resource small ? )
https://s21.q4cdn.com/491660439/files/doc_news/2016-0422-nr-drillholes-aerial-planview-1024x689.jpg Drum Roll... PEA BASE CASE
Smallest Pit was used for.....2015 PEA
Even after knowing of, Johnson's Intercepts.
Confer with first image in post.
The mineralization goes much deeper.
Pit 4, Pit 5
Johnson's holes prove the depth below underground mine.
And drills inside mine 300m to 546m
Middle Chart ( i ganged charts together for easy comparisons.
Base Case = shallowest Pit ( i wonder if, 2023 is base case lol ) looks like it.
And here's the 2015 PEA Johnson Hole - 756m Based on Drill image above - 45 degree pitch ?
756m deep would place it in a nice range close to intercepts in mine underground.
All i have to do now is...
Track down several stepout holes from mine plot on new 2023 pit model
And see what sort of tonnage there is....versus the wimpy 120m pit.
I'm thinking... 2023 PEA should have a good
550m Pit depth No Peridotite ( practical entitlement )
A retest on Carbonate limes for mineral values ( on own )
Iron Credit
Mg Credit
Exotics
And a DNi or Carbonate Extraction
= Shareholder Value
Cheers....