Closely Spaced Drilling …..Enough for Inferred ResourceDrilling for the past 7 weeks has included closely spaced drilling of FDP on 50 m centres .
This is a coarse form of grade control which is used to estimate grades and resources by a Krieging model prior to a Feasability study.
We already have significant drilling at FDP and we have a resource estimate for Butia which is just 150 m away.
So it's possible to reasonably speculate that the extensive drilling over the past 7 weeks has not only enabled the construction of a new open pit model but if they were successful in the drill determining that the 150 m space between Butia and FDP is also mineralized , they might have suffucuent drill density to provide an Inferred Gold resource for both FDP and Butia combined .
This would most certainly exceed 1 million ounces and might even be greater than 150,000 ounces .
Such an outcome would explain the persistent and massive insider buying which we have been seeing, the likes of which I have never witnessed in my 40 years of resource investing ..