PEX 4.17% 11.5¢ peel mining limited

Hi Happytrader My calculation wasn’t especially scientific...

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    Hi Happytrader 

    My calculation wasn’t especially scientific however it’s good to hear of others calc methods and opinions.

    It may be back of envelope stuff so far but the current  2klms of Wagga Tank Southern Nights is shaping into a system mineable for a long and profitable timeframe, with average grades classified well above “high grade” . 


    The gold lead copper silver quadrella of credits is helpful  financially, indicatively says so much about abundance of events mineral systems and opportunities within our very significant holdings. 

    I noted American Girl as a new target south of Southern Nights so if that compares similarly amongst others then the magic pink circle which I queried with Rob at an early AGM should be the catalyst to attract a mega offer, or just allow us to mine for many decades. 

    Meantime apart from closer 20x20 infill drilling it will be exciting to learn if Southern Nights extends further south and at depth and generally in other rich agglomerations. 

    An interesting few weeks coming up I’d say!. 

    Sarg 

 
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