PTN 0.00% 5.9¢ patronus resources limited

Ann: CGP Mineral Resource Estimate Increased to 1.15Moz, page-6

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  1. 3,014 Posts.
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    That was to be expected . It's a trade off in that the higher POG now lowers the viable gold recovery cut off point from 0.5g/t to 0.4 g/t , hence slightly reducing the overall g/t for the entire resource .
    However :
    The thing to be remembered is that we have also increased the total recoverable gold resource by 22% and increased the overall value per ounce by times 30% . All good imo.
 
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