Have been looking into this Woodley East Shear and the potential impact on the mine scheduling in the DFS. It looks quite consistent and high grade. I wonder if they will find any historical drill core of the shear to cut up and test? Will also be interesting to see what comes back from the 10 DD holes being drilled into the main Woodley Shear (north and deep). Some of the results can't be far off. It was also pointed out to me that every hole to test Woodley, also cuts through Woodley East.
It's worth noting that the last time the Resource estimate was upgraded by 16%, it lead to a doubling of gold production from Scoping to PFS.
Would be nice to see another 100k oz in the mine plan come DFS release. With the minimal additional capex, it could push the NPV close to $100mill.
Thoughts?
Ann: New High-Grade Discoveries Expand Scale and Potential, page-42
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