LRC 0.00% $3.54 laguna resources nl

what is the value at 1.1 moz jorc, page-11

  1. 2,843 Posts.
    Cerbera

    So you understand JORC compliant resource please read this form the ann of the JORC upgrade just released!

    ""Base Case? production at 100,000 gold equivalent ounces per year from two million tonnes of ore mined by open cut and processed by traditional cyanide leaching.""

    This paragraph was from the latest JORC upgrade clearly showing 100,000oz gold eq per year from 2 million tonnes mined per year!!

    then below for a total of 1.1 million oz AU

    ""1.26 million gold equivalent ounces at 1.24 g/t gold equivalent (0.5 g/t gold equivalent cut-off grade), or
    o
    1.09 million gold equivalent ounces at 1.49 g/t gold equivalent (0.7 g/t gold equivalent cut-off grade), or
    o
    845,000 gold equivalent ounces at 1.95 g/t gold equivalent (1.0 g/t gold equivalent cut-off grade).""
 
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