TGZ 0.00% $3.30 teranga gold corporation

production and exploration, page-3

  1. 127 Posts.
    lightbulb Created with Sketch. 7
    Hi Rowingboat.
    Yes, I was going from memory.
    The measured and indicated was reported in December as 1.6m Oz
    The resource was 2.1m Oz to which I added the 1m Oz from deeper and expanded pit. I guess this also includes Nakaferi which requires moving the village, which could well be an issue. It's also somewhat lower grade I think.
    Your 2m Oz is the real number as the additional figure announced is in the range 500 to 1m Oz .
    Hence 1.6 + 0.5 gives us the more realistic 2m figure.
    But plenty of upside on ML yet !!
    Thanks.
    Griff
 
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