Around 100MT would be commercially viable at these grades IMO - geos that I've spoken to have said this is about right
Given they are already at 27.7MT, they have a very good chance of making this a commercial mine, especially if you consider:-
- 100,000t of 8g/t gold not included in the JORC yet - Only top 400M of the system drilled so far - Potential depth down to 1200m - Probable follow up along strike is another 50-75MT
This is only on the one zone. There is potential for another 8-10 EH drill zones if you look at previous announcements, from what I understand.
This should again start making a move closer to 2c
ZNO Price at posting:
1.2¢ Sentiment: Buy Disclosure: Held
