TRY 1.41% 7.2¢ troy resources limited

Ann: Extension of SPP CLosing Date, page-95

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 999 Posts.
    lightbulb Created with Sketch. 507
    Exactly. Hard to believe this project did not even belong to Troy a couple of months ago.

    The news is not a surprise, I predicted strike length would likely be increased to 1000m and that would be it. But impressive how bold they acted stepping out 230m. The surprise here is the continuity. While it was clear OC would be a cash cow with the only question being the size of the deposit it is now back on the map for a world-class deposit. The continuity at the NW part may mean good things at depth. Remember: every deposit so far had most of its resources at depth. With grades meaning those resources are uneconomic except for the couple of hundred thousand ounces at Smarts. OC might have a multi-million ounce underground potential, who knows.
    Next steps trying to extend the deposit even further to the NW (chances are worse now) and finding the continuity to teh SE. Will be harder to find but easily hundreds of meters more potential.

    And trenching, wow. Incredible grades.

    Fellow shareholders, don't tell me you did not get the chance to invest. A shame we are sitting at 10c and not 20c.

    And the best thing is there is not much more drilling required for an inaugural resource!!! I was very wrong in my estimate for the drilling required to get this into JORC categories.
 
watchlist Created with Sketch. Add TRY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.