AOH 0.00% 12.0¢ altona mining limited

more good news, page-9

  1. 6,321 Posts.
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    Reserves are about 4.3Mt from memory, and life-of-mine is about 8 years.

    But as I said above there is potential for extension at depth (which is unexplored) and there is a total of 8.1Mt of resources, which if the grade and copper price both continue to outperform, should allow more of that resource to be converted to reserves.

    So the reserves and mine life could easily double, with continued high copper prices and this extra grade.
 
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