PTN 3.92% 5.3¢ patronus resources limited

Ann: CGP Mineral Resources Estimate Increases to 1.23Moz, page-10

  1. 3,014 Posts.
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    https://hotcopper.com.au/data/attachments/3189/3189758-1ee45c0150a26ba9c1976d746150331c.jpg
    - Gold up 12.5% in 6 or 7 weeks
    - Measured and Indicated Resource increased by 15% 2 days ago
    - Addition of 102,000 oz . Au higher quality ounces
    - Addition of 76,000 oz. Au to Measured and Indicated
    - New ounces are within existing pit shell designs so no additional capital costs .
    - Free ounces to the bottom line in economic terms
    - Quality targets currently being drilled and this year's drilling program fully funded
    - Within 300,000 oz of the threshold for a Decision to Mine review
    - Most recent targets reveal higher grades generally
    - New targets anticipated to follow that trend
    - Flow of assay results expected between now and September 2021
    - With another MRE expected in the September quarter Q3.

    My opinion only , DYOR.


    Last edited by coalboy: 18/05/21
 
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