Sprott - Broker Note 08.09.22
Posted: Thu Sep 08, 2022 5:26 pm
New Sprott Note out this afternoon.
https://sprott.com/media/5663/220908-gg ... illing.pdf
Making lots of nice noises about the Eastern Breccia.
" The Eastern Breccia averaged 56m @ 3.3g/t over 8 pierce points from four holes, but the four higher-grade hits saw 46m @ 4.7g/t. We think this is the greatest step-change today, as the Eastern Breccia evolves into either a ‘cave on (grade) steroids’, or a second high-grade SLOS front."
Holding their price target of 18p but as that is more than 100% from our current SP then I guess that's understandable for now.
GLA - Paddy
https://sprott.com/media/5663/220908-gg ... illing.pdf
Making lots of nice noises about the Eastern Breccia.
" The Eastern Breccia averaged 56m @ 3.3g/t over 8 pierce points from four holes, but the four higher-grade hits saw 46m @ 4.7g/t. We think this is the greatest step-change today, as the Eastern Breccia evolves into either a ‘cave on (grade) steroids’, or a second high-grade SLOS front."
Holding their price target of 18p but as that is more than 100% from our current SP then I guess that's understandable for now.
GLA - Paddy