Ann: Latest Drilling Results Grow Anthill Gold Project, page-9

well Anthill strike length has increased 4x .... so rough calc might see the JORC head towards 200koz-300koz this, of course, will help IRC reach the 1moz end of year target...
---But more drilling should increase a very nice looking open pit project IMHO

as we see from the ann>>

Further resource drilling is planned for the Anthill South and Anthill East areas in 2019, together with further resource extension drilling to the north and at depth.


Exploration drilling is also planned for the regional prospects in 2019. Tree Ant and Fire Ant both offer the potential for significant mineralisation beneath a highly depleted weathering profile.

Further refinements in the drill direction are anticipated. Open pit mine development studies have also commenced with initial optimisation and design work expected for completion in the March Quarter 2019.

IMHO 2020 Anthill we be in toll treatment production with LOM 16-24months 2000-2500oz per month - $500 per oz margin =rough est 22.5mill EBIT

I'm blown away with markets zero interest in IRC when FAU can have 1mill AUD traded in a day over finding one very high-grade hit