MYL 0.00% 70.0¢ mallee resources limited

Ann: High Grade Copper Mineralization Defined at Bawdwin, page-12

  1. 2,721 Posts.
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    I've seen you say this before @ddzx but I'm not sure I understand. The coy has repeatedly said that the increased JORC is based on lowering the cut-off grade on advice of CSA that the lower grade ore was economical to mine. I'm not an expert but I thought that lowering the cut-off grade where it's economical to extract the lower-grade ore is a good thing because it reduces the amount of waste (ie better strip ratio).

    Also, I think the smart investors who are really going to influence the SP will understand that the deposit has high-grade portions. I'm also sure they'll target the higher grade ore first if feasible because that improves the economics of the project.

    re the focus of the drilling campaign - they've said this is "aimed at upgrading the classification of the open-pittable part of the Bawdwin resource to "Indicated""
 
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