Phase 1 Could Deliver over 150,000 + ouncesWe are already aware that 61,000 ounces in the southern drilled portion of Burnie are not included in the 2018 43-101 resource estimate .
As described in several posts earlier, the Munro Bore gold deposits has now been extended at least 160 meters into our Burnie tenements.
That extension intersects previous high grade shallow intercepts ,below which there is a basement lode dipping north consistent with a major basement lode forming several previously mined pits including Banderol.
Just north of that there are those three high grade shallow deposits around Lewis and Reward , sparsely drilled,but just waiting to be intensely drilled as infill and step outs .
It is worth noting that this somewhat chaotic distribution of oxide pits with multiple basement lodes is not dissimilar to that which exists at Big Bell, our neighbour just to the north.
Big Bell open pit was extended to nearly 2000 m , below which there was the mother lode ....now drilled at higher grades down to 1400 m..and half dozen or so minor basement lodes.
All very confusing to the novice investor , but I feel we are going to come out of phase 1 feeling flushed that we acquired 150,000 ounces that we thought wasn't there..