They're not game-changing results but good incremental ounces at (importantly) higher margin than the low grade M5 ounces. I've talked about Endeavour Mining a few times and they're now the lowest cost large producer partly because of their success with satellite exploration around mines like Ity and Hounde.
I thought maybe 100-200koz could come into the mine plan from MV3, but that's just a bit of a gut feel looking at the widths and grades.
The other thing is that they've hit success with one of their first targets (albeit they had prior drilling in this area from years ago). I feel like the odds of more satellite high-margin ounces are good.
Ann: WAF intercepts 20.5m at 2.98 g/t gold at MV3 East, page-10
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add WAF (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.60 |
Change
0.060(3.90%) |
Mkt cap ! $1.644B | |||
| Open | High | Low | Value | Volume |
| $1.57 | $1.60 | $1.55 | $4.876M | 3.079M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7041 | $1.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.60 | 42818 | 7 |
View Market Depth
| Last trade - 16.10pm 25/06/2024 (20 minute delay) ? |
| WAF (ASX) Chart |