SMC 0.00% 49.0¢ strategic minerals corporation nl

Ann: Quarterly Activities Report and Quarterly Cashflow Report, page-10

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    This thing is new and over 1Mozs. My summary of it below. Esh

    JORC 2012 Mineral Resources Big Vein South (BVS)

    18.4Mt @ 2.0g/t for 1,173 million ozs (ore density 2.7t/m3, 0.75g/t Au cut-off)

    ~0.9% Measured Category, 27.6% Indicated, 71.5% Inferred

    Metallurgical Recoveries of 96%
    No refractory ore characteristics
    Suitable for standard CIL plan
    Moderate consumption reagents 

    Assessing BVS resources as an open cut operation based on CIL/heap leach
 
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