RE: Latest tweet by Wishbone just now27 Oct 2025 11:12
I agree, even though the SP is dripping down, excitement is building.. Two rigs on site, chasing shallow and deep targets (Just like Telfer)..
Really could be the Tier 1 find we are all looking for.. With gold prices as they are, if its a mega find then we will rise quickly and a larger company will look to JV ASAP.
If they can find some decent shallow grades over good lengths on way down to the dome(s) then its definitely game on. I feel they already know the MT data and drill cores for the dome are exactly what they are looking for. OK so a few more deep holes to prove up extent of the deeper dome required and also a drill into the second dome (as interpreted by MT Geophysics). Therefore partial shift to the RC shallows above this is to build and overall picture and prove up how easy it will be to extract.
As others have noted, we do NOT have assay results back for Hole 1 or they would have been released. But by using an XRF machine on site and strong magnifying glass, they will have a very good idea what the assays might return.
I think the have taken the right approach, even if they know fine microscopic gold is in the cores and showing up on XRF. Waiting for the actual assay results is the correct and professional thing to do.