PLV pluton resources limited

is their any hope for plv, page-40

  1. 13,724 Posts.
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    You are right humble, its going to be included in the updated PFS

    Some points from the 8th of Nov 2011 announcement:

    "Ore Reserve and Stage 2 valuation studies continue for the Project".

    "Pluton will now expand the initial Ore Reserve estimate to include the additional Indicated Mineral Resource defined in the north of the Hardstaff Peninsula thereby increasing the Ore Reserve base and significantly increase the mine life of the Project".

    "The Pre-Feasibility Study completed in June 2011 did not value the Inferred Mineral Resource or the
    Indicated Mineral Resource in the northern half of Hardstaff. Now that the Inferred Mineral Resource
    has been converted to Indicated Mineral Resource, this can be valued along with the Indicated Mineral
    Resource to the north. This will make a material difference to the life of the operations".

    So mine life doubling announcement will be a part of the revised PFS now.

    CK
 
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