Really good news Pooh The results are better than I'd expected. ARU held firm today in a sea of red.
In the North zone my back of the envelope conservative estimate is about 7 million tonnes of ore between holes 1006 and 1009. Say at an average grade of 2.2% TREO that's 154,000 in situ tonnes of TREO. At around 63% total TREO recovery (ROM to final oxide) from the DFS gives 97,000 recovered tonnes of TREO. Average annual production of 13.3 kt TREO, there's another 7 years of production. BOOM!
That's from part of the North zone only. There's a lot of blank space beneath the red line in the cross section that hasn't been touched by a drill
This beast is massive.
- Forums
- ASX - By Stock
- ARU
- Ann: Drilling Confirms Deep Extensions to Mineralization
Ann: Drilling Confirms Deep Extensions to Mineralization, page-3
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ARU (ASX) to my watchlist
(20min delay)
|
|||||
Last
13.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $320.3M |
Open | High | Low | Value | Volume |
13.0¢ | 13.8¢ | 12.8¢ | $1.205M | 9.165M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 110000 | 13.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.5¢ | 456260 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 110000 | 0.130 |
54 | 2864461 | 0.125 |
56 | 2290702 | 0.120 |
31 | 1719221 | 0.115 |
24 | 1274032 | 0.110 |
Price($) | Vol. | No. |
---|---|---|
0.135 | 456260 | 12 |
0.140 | 635545 | 15 |
0.145 | 730951 | 14 |
0.150 | 3233879 | 15 |
0.155 | 603716 | 13 |
Last trade - 16.10pm 14/11/2024 (20 minute delay) ? |
Featured News
ARU (ASX) Chart |