MDL mineral deposits limited

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    MDL's currently has about -
    Reserves 1.6 million oz
    Resorces 3.5 million oz

    There is no pressing need to increase Reserves as there is plenty of ore identified to feed the mill for about at least the next eight years. Plenty of time to ramp up exploration. Additionally, probably at least one third of Resourses will be converted to Reserves. ie brining total Reserves to something approaching 3 million oz.

    Money would be better directed, in the immediate term, towards ramping up Grand Cote, rather than gold exploration drilling.
 
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