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Cashmeoutside

859 Posts.

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03/09/18

09:36

Post #: 35365739
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Originally posted by RhysT ↑

Thanks for posting Brass..
I did like the line under A4 section regarding 5 rigs drilling to extend mineralization...

Once a bunch of assays come back it could be a very positive announcement.

I just have a question regarding T3 UG that someone more familiar with underground mining may be able to assist..
It does appear from all of the extension updates that mineralization veins remain open along the NPF contact..
If this is the case and UG scoping proves worthwhile to mine this contact,,, is it viable to continue following these veins at a mining stage which could further extend mine life?

Even though the contact is several hundred meters down, so becomes costly at this stage to keep drilling from surface just to extend and trace these veins further out (though I believe they need to do this atm to get the 10mt for scoping/pfs), does it become easier or maybe is even common practice to follow these veins during UG mining..
i.e easier to drill from UG, and can provide a late stage extension to life of mine?

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Interesting observation of the 5 rigs at A4.. they still say 9 rigs in total so I’m assuming they’ve taken one rig off T1 onto A4 (5 A4, 2A1, 1T1, 1T3).. very good signs IMO

MOD Price at posting: 44.5¢ Sentiment: Buy Disclosure: Held
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