See the below HMW concessions from the recent Annual Report (page 10). I've shaded the initial HMW resource from March 2020 (1.1MT) and the update in Nov 2020 (2.3MT) which added the green Del Condor and Deceo III concessions (and some updated assumptions)...
I'm not sure what the concession basis for the imminent resource update will be, could be this same yellow & green area (that was 2.3MT) just with updated less conservative assumptions (now based on more actual well data and core), but could now also add in Pucara del Salar and/or Cas del Inca III (which would add more resource of course, and there is a well now in Cas del Inca III, CI-01-22)...
QUESTION: I don't recall any mention/announcements of the addition of Argentina Gold I or Rana de Sal IV, do others, perhaps I just missed those additions? These could hold significant additional resource too? Also what about El Deceo I and II, thats is a BIG area!!
Either way, in time, just like POSCO, this whole HMW area resource is going to get very very large!!! All in, our HMW acreage is not that different to all of POSCOs and if you add in Candelas acreage we have considerably more land than POSCO...
@worong your may be right too, looks like there could be a new well spud in Catalina from the latest satellite? Or at least a new road and pad getting ready for a well?
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