I have fairly modest hopes for Panther. Although not by any means an area of expertise of mine (estimating a resource), but following Longtime's logic, to me there looks to be three concentrations of good holes which are about:
30m x 30m x 25m = 22,500 cubic meters
10m x 20m x 25m = 5,000 cubic meters
10m x 15m X 25m = 3,750 cubic meters
Quartz has a density of 2.32 grams per cubic centimetre, so 72,500 tonnes of really good "dirt"
If the weighted average of drills is ok to use at 15.4 g/t then that yields 1,1165,00 grams = 35,896 troy ounces
So that is the number I'm going in terms of an upgrade, 35,896 oz (32,306 recoverable @ 90%). Which funnily enough aligns to the Halley's East project. Now just double the POG and reduce the cost of production and we have a comparative. Then we add in the 10,000 JORC already established and we are looking at about a 2 year increment to the LOM.
Anyone have thoughts on my method there?
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