Won't be far away. Largely infill drilling though added depth will also significantly add to inferred resource estimate. Previous depth measured to 149m now 232m. If that massive magnetite is confirmed as extending open at depth the northern block HG zone could easily have 20-30 MT added.
45 new holes (6730m) in the Nth and central pits, previous drilling was 85 RC for 8386m. Looking at infill pattern the previous 6 strips of narrow 3/4 cross sectional rows in the central pit have been extended now to 14 strips. Fewer of these holes (3) are to the western edge of the deposit designed to test depth.
I'm far from a geologist but you might assume the spacing of the holes through this extended section has been chosen specifically to extend the indicated resource.
Deliberate, high impact actions continue to be managements MO. Sole focus - get to production, they live and breathe it. I am very much looking forward to this announcement.
TMT Price at posting:
51.0¢ Sentiment: Buy Disclosure: Held