Fraser Tabeart has been singing from the rooftops about (7?) majors being interested but his comments Tuesday were the clearest to-date: detailed discussions with not one but two corporates and exchanged term sheets with one.
The clearly defined target at Saturn is a big deal. Anyone can do the sums - 15Bt+ of rock. How much is mineralised and at what grade is the question but the Zackly skarn gives us confident hope that there is AU & Cu in the plumbing.
Just on Zackly skarn - Au grade keeps increasing as holes go east which is why FT is confident of finding high (for a porphyry) Au grades.
Ann: 3D modelling confirms large porphyry target, page-30
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