AZY 7.41% 2.5¢ antipa minerals limited

assays out !!, page-60

  1. 3,054 Posts.
    lightbulb Created with Sketch. 149
    For a similar deposit, see presentation at:

    http://www.voltaresources.com/i/pdf/presentation.pdf

    At 1.0g/t Au equivelant, the grade does not really need to improve - just need good deposit geometry, metallurgy, etc.

    Also, this presentation shows that if AZY can eventually prove up a reseource that will provide a 150Mt pit reserve, a project NPV if $500M is possible.

    A long way to go to this of course, but not out of the question????

    However it would pay to note that a second comparative deposit is Bullabulling Golds deposit at Coolgardie where the head grade is only 0.87g/t Au and it is struggling economically to get up.

    cheers
    gosouth






 
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