I'd still like to see whether our remaining West holes have all hit pegs (and how thick) before I put any degree of confidence in my estimates, but as a short update to this previous post from April.
I now don't see any scenario where tonnage is less than ~35MT (which I had listed as my base case last month).
Also, I previously had ~50MT as my upper limit in an 'outperform' scenario. I've revised this to 54MT. To be clear - I don't think 54MT is likely, but it's at least within the realms of possibilities if:
- All remaining Western holes make hits with average cumulative intersections of ~20m; and
- Colina somehow manages to add an extra 4MT from in fill (to achieve a total 17.3MT)
Not advice, just my own personal estimates.
LRS General Discussion, page-10644
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