Ann: Extension of SPP CLosing Date, page-97

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19/03/19

11:18

Post #: 37807417
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Originally posted by triage: ↑

Original post moderated

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Originally posted by kojak78: ↑

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.

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Cheers guys, had a look at ASX to see that great announcement post a link to it for a new thread.

That trenching result makes for a great starter pit with very low development cost

TRY Price at posting: 10.5¢ Sentiment: Buy Disclosure: Held
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Ann: Extension of SPP CLosing Date, page-97

Top Stories

Pro Medicus signs landmark $330M deal to roll out imaging platform in US hospitals

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game