Reminder: Supercell One could be a stand alone mineFordster et. al., just a reminder that the dimensions of Supercell One are large enough to be a stand alone mine. Given the outlines of SC1 it is likely to be 2 million oz Au, +/- 1 million oz (3.5 to 6 million tonnes @ 10 to 15 g/t). This is large enough for a high grade mine; the other 30 million ounces are gravy.
Should current drilling confirm or increase the dimensions of SC1, the project economics will undoubtably look excellent. The current drill program has also been designed to potentially increase the dimensions of SC1.
In addition, the last news release suggests they have hit 300N, and if you carefully review all the data, the 300N may actually represent SC2+. A second SC of similar size to SC1 puts the high grade potential into world class territory. I.e., over 5 million oz Au.
We should begin to see assay results within the next two weeks; interesting times ahead. It appears the panic posters are getting nervous as this date approaches, as they continue panic posting from their couch.