Post by
deepthinker63 on Jul 24, 2023 4:24pm
Bottom line
Are they adding significant high grade UG ounces or not? As I've said, I think this is a "flip". But, that only works if it goes for $60 million, minimum.
Comment by
geolith on Jul 24, 2023 4:51pm
This long interscept should not add many ounces as it was an infill hole, drilled in an area where they already have defined resources. The average core length of interscepts in this area appears to be around 60 m, which may work out to >30 m still of good grades. Exploration to depth is not too critical yet as they have lots of room to fill in above their development.
Comment by
dude96 on Jul 24, 2023 11:07pm
The infill holes are confirming the validity of the deposit and hopefully increasing the recovery percentage.