Hi Guys
Found an example where Auzex/GGG's gold project in Bullabulling increased their Gold Resource by 91% as they reduced their gold cut off grade from 0.9grams/tonne to 0.4grams/tonne because of the higher gold price.
Their resource increased from 1,606,500 ounces of gold @ 0.9grams/tonne to 3,081,800 ounces of gold @ 0.4grams/tonne or 91% increase in gold.
Our 2,000,000 ounces of gold is at 1gram/tonne cut off, so we should expect an increase of similar nature.
Cheers Nectar
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