My quick and dirty assessment of the published data has:
- Open Pit Probable at 1.32g/t for 1,180,000 oz
- U/Grnd Probable at 3.57g/t for 1,420,000 oz;
-It would seem a minimal exercise to drill and extend the underground resource at the now higher gold price and to lift the whole LOM plan.
I note the 2023 ORR annual report on page 13 publishes a targetextension of 4-6 Mt, at a grade of 3-4 g/t. And it references 8 out of resource calc drill results to back up this target .
If PRU could upgrade this project & LOM, it looks like it might become the most lucrative mine they have.
Ann: Nyanzaga Gold Project Update, page-5
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