My understanding is as it will be an open pit mine, EVERYTHING is dug up in bulk and placed in the "ore sorter", hence we will derive gold from ore with grades as low as 0.07 g/t. As per previous announcements if we consider a cut off grade of 0.1g/t, we have 3.8mOz.
Ann: Exceptional Phase 1 Ore Sorting Results from Korbel Main, page-43
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