Ann: Positive Theta Hill Open-Cut Gold Mine Scoping Study, page-39

Interesting to see the mgt at work sprooking this one. The HC Copr Spotlight seems to have drawn some attention, although it was only $100k, but it works...

I think the approach they're taking is very smart and conservative. Open cut mines are numerous around the CIL plant so start there. They've already nearly drained the Rietokken underground mine, where we have some 4moz that they'll start to repair and drill to prove up more reserves. THe grades in that mine seem very high!!

All good and I think the best part of the SS is that any FS I've seen usually decreases cost and improves output so this is not as good as its going to get. Obviously the proving up of reserves is another story...drill!!!