reply for magikol, page-17

The content of the CIP report (23rd May) makes for interesting reading as well (funny they didn't reiterate this with resource upgrade ann. Hmmm very low key):

Geological Formation
A thin layer of overburden is present (~16m) and the open pit stripping ratio is
estimated to be 1:1. The mineralization extends to 110m in depth, but the resource
calculation is based on a depth of only ~75m, thus, there is high potential for the
resource to be increased. Additionally, the resource has a similar geological sequence
to the Grootegeluk (811Mt Reserve), providing further optimism. Koert Lou Zyn Pan�s
formation exhibits all 11 zones shown in figure 2, whilst Zoetfontein and Lisbon are
shallower with zones 1-4 at the surface.

Capital Investment Partners - Comdek 1.69 Mb