Ann: HEMI - Major Extension, page-180

Hey Pid,
An interesting video. While he is not someone I follow closely (for a number of reasons), I did like the part at 15:30 mark, where he confirms that in the past 5 years, there has been ZERO.... Tier one deposit discoveries in the gold sector, globally. Yet.. over $4b per year is being spent on exploration. Average grade and mine life continues to decrease year on year too (but that may detract from my main point somewhat). So... $20m USD.. but no luck.

I also liked his view on what makes a Tier 1, versus Tier 2 mine.
Tier 1 - 500k p.a (with 5 million ounces, that is mineable).
Tier 2 - 300k p.a (with 3 million ounces, that is mineable).

So.... the question then is.... and inherently, its kind of a overly bullish one (but.. not guaranteed at all), has DEG found an elephant deposit?

Then... that makes me wonder... if the answer eventually becomes a yes. Then deposit Gruyene is not actually a good analogue... As its only a Tier 2. So I guess, I will through it out there, what could 'Hemi' (or greater Hemi, or whatever they decide to call it... 'Super Hemi'?) as a discovery be most similar to? (I know a few posters have mentioned some deposits, but, to be honest, HC does not always make it easy to find these post/ers).