WKT 0.00% 9.6¢ walkabout resources ltd

Ann: Quarterly Activities Report, page-236

  1. 16,378 Posts.
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    "more than 80% of the mining reserve is from fresh material"

    Hi Shellbell,

    Don't forget that comment was made in the 2017 DFS, WKT has since updated its DFS again to increase the cut off grade,

    The following image is from the WKT corporate presentation October 2019, shows the impact of increasing the cut off grade, it has significantly lowered the weathered material to 3-5%. 95-97% FRESH,



    forecast TGC.jpg




    You only need to look at the WKT orebody image (below) to see how limited the amount of 25%+ TGC mineralisation is on the surface.

    Natos SLide.jpg



    I cannot believe that WKT sent a 32% tgc high grade Weathered sample to BGRIMM for additional metallurgical test work, How is this sample even close to be representative of WKT ore body?
 
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