RE: CB interview with Zak31 May 2022 15:08
Briefly:
This is an interim showing it's going in the right direction.
Ascott a different animal, highly intriguing minerialisation as v strong in gold and v weak in copper.
We will probably chase and question what is above and below the gold.
Ascott providing lots of good stuff. The molly is much higher, could be quite different and interesting.
Suspect mineralised between Racecourse and Ascott.
Racecourse is a separate unit, 600m deep open pit. 1.5km . 20 years.
Ascott very excited about, drilling to continue. Phase 2 to end with 2 holes into Footrot.
Conceptual modelling started on Racecourse, drilling at Ascott other things being explored.
Racecourse will lead to viable project in own right.
Market not full appreciating what we've got. Could be the largest find in the Lachlan Fold.
Near surface programme likely for both Racecourse and Ascott.
Mozambique has had extensive rains, continues to give good financial results.
Fairbride has water going through the system and production to start in the next few days.
Look forward to 23% of improving gold output over next few months.