Today's ore reserve update isn’t great, but it's not horrible, either.
the difference between 2019 and 2020 estimates is a negative 24,500 ozs ...but BCN produced just under 20,000 in year to June 2020, so that suggests they somehow over-calculated the 2019 estimate by 4500oz....pretty trivial.
it is a shame the grade dropped from 1.8g/t to 1.7g/t, which would increased their production cost a wee bit.
Ann: Jaurdi Gold Project - Ore Reserve Statement, page-19
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