Notes from Proactive Interview regarding Interim Drill Results - 8 Sept 2022

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Notes from Proactive Interview regarding Interim Drill Results - 8 Sept 2022

Interview: https://youtu.be/iywCJp3hkbk

RNS: https://polaris.brighterir.com/public/g ... ry/ry5zp3w

* A quarterly exploration update came out this morning for Havieron, we’re seeing continuous expansion here of the ore body?
- Havieron continues to deliver, another good 6 week cycle in our exploration and what’s particularly pleasing is just that it continues to open at depth
- Particularly in that Eastern Breccia, some long intercepts, all open at depth, that continues to add grade and size through that Eastern Breccia zonation
- So, another beautiful suite of results for this cycle.

* What’s the thinking as far as a possible link between the South East Crescent and Eastern Breccia?
- Yeah Andrew, that’s a great question, that is kind of what’s got our geologists in the team here kind of thinking is… is increasingly we’re seeing as the South East Crescent comes down… we’re seeing the same kind of high grade intercepts in that Eastern Breccia at around the same levels
- Does it actually move across and does it link up because historically there’s been this kind of gap zonation
- We’ve now got multiple you know, decent length high grade intercepts, I think a plus 60m length in the latest iteration of results at high grade
- So, there is now a bit of a theory that there is no gap, that they join up, so more ounces now across those kind of vertical levels
- So, that’s exciting for us and it’s something that we want to continue to run to ground.

* And seeing some really good progress too as far as the decline?
- Yeah look we get a lot of questions around the decline, again just to recap, this Permian level was never meant to be homogenous, with depth it becomes more competent
- It’s had more time, more pressure, more heat and with that you’re seeing we’ve got through that difficult period through the start and now you’re starting to see that acceleration and importantly now the face is fully ‘drill and blast’ and that just goes to efficiencies
- So, good to see the ground conditions, good to see full drill and blast, good to see acceleration and now I think there’s the opportunity to add greater efficiencies, so that’s progressing well.

* So, in summary, a positive 6 weeks here?
- Yeah look, another good 6 weeks, people should take a lot of confidence from this so yeah we’re really pleased with this outcome.

* Good to speak Shaun, thanks very much.
- Thanks again for your time Andrew and thanks again for those that listen in, appreciate it.

Download link:
https://www.mediafire.com/file/opuoyj3p ... 2.pdf/file