Wow! First drill in and we've already made a new high grade discovery.
As the Doc always says, these systems aren't found in isolation. This 21m @ 13.45g/t lode isn't just sitting by itself in the ground.
These grades show potential for a repeat of a Morila style system.
If this deposit grows to a reasonable size and maintains grade, with FFX's existing 4.5Mtpa processing plant w/ 91% recoveries, we're looking at >1,000ozpa production.
At 8g/t feed grade, we could produce ~1,050kozpa
At 13g/t feed grade, we could produce ~1,700kozpa
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- Ann: High-Grade Gold Discovery at K3 Prospect 21 m at 13.45g/t Au
Ann: High-Grade Gold Discovery at K3 Prospect 21 m at 13.45g/t Au, page-25
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