That's a pretty good set of results for Mt Stirling Well
Plenty of shallow high grade hits 2m @30.35 g/t from 35m !
As Mike notes the resource remains open in all directions
Second round of drilling being planned to step out
What I find most exciting is that they are doing metallurgical testing on the samples and planning to conduct a scoping study to evaluate the potential for commercialisation. I've said before that I thought this had potential to be monetised, I understand that there is plenty of spare milling capacity nearby.
Mt Stirling Well has a current small JORC resource of 41,300t @ 8.54g/t for 11,300 Oz . The resource is at surface and outcropping.
From the announcement " We note that the current drilling has focused on a small section of a much larger granite structure."
TNR Price at posting:
21.0¢ Sentiment: Buy Disclosure: Held