NVA significantly undervalued to Inferred Peers, page-225

A deposit like this could have production somewhere in the 100,000 to 200,000 ounce per annum ballpark as a starter pit.

So let's do a hypothetical calculation for a 20m radius around the above intercept, assuming continuity of grade there would be 27,102 ounces in the rock extracted to a 20m radius.




If the mine was producing 150,000 ounces per annum ( that same as GOR's share of Gruyere ), the gold extracted from the area around this one hole would be the equivalent of a staggering 13.7% of annual production (based on 20,597 ounces at 76% recovery).