Notes from Proactive Interview re. Havieron Results - 16 Mar 2023

[DipSard]

Notes from Proactive Interview re. Havieron Results - 16 Mar 2023

Interview:
https://youtu.be/UW7yKqzDbmM

RNS:
https://polaris.brighterir.com/public/g ... ry/wvz153x

*Latest update on Havieron?
- Another good update in terms of both the ramp down to the ore body but also some exploration results so yeah, another good update.

*Lovely stuff, so where do they fit in, what is the significance of this particular update?
- So, the two drill intercepts, it’s more high-grade results in areas outside the existing resource
- So that N.Breccia result was really good, plus 4 gram
- Again we’ve been having this narrative across these high-grade pods, which give us areas we can mine… either take out in a bulk way or gives optionality of taking them out selectively
- And then another 2 plus gram hit in that E.Breccia which just continues to get bigger plus good copper there which walks up the effective economic grade so nice to get high intercepts in areas which are outside the existing resource so they talk to the growth of the ore body.

*And all this follows on from the positive news from the company that was coming out about Scallywag as well.
- Yeah look the exploration rigs are going well, both at Havieron itself but also along the structure up to that NW into Scallywag, we have some good target there so we’re pretty keen to get them spinning in 2023 later this year and again, we continue to look for opportunities to increase our footprint throughout the Paterson.

*What’s been going on, on the development side now?
- Yeah look the developments been going from strength to strength
- Really pleased with that, 1850m of development now so another really good month of advancement and you see that’s about 1550m of actual ‘chainage’ which is how long that ramp goes
- The other 300m is stockpiles, overtaking lanes and all the other development you need to do to make that a really productive piece of infrastructure.

*And just finally Shaun, the DFS, what’s the latest there?
- Look that continues to be a focus from a Greatland point of view, we’re really keen to get that out
- We appreciate that Newcrest has a lot on right now but we do have a common philosophy that we want it to be well done, that we wanted to take into account these optimisations, the progress we’re making, the expanded ore body…
- We’ve talked about an upgrade to the resource coming out in August so I think capturing that additional information is to everyone’s advantage.

*That about wraps it up for today so thank for your time Shaun and have a safe flight back to Australia.
- Tom thanks again for your time, I appreciate it.

Download link:
https://www.mediafire.com/file/p2oryv80 ... 3.pdf/file