Thanks Spec that was gold (pardon the pun).
One's things for sure, SL isn't standing around with his hands in his pockets kicking around rocks.
As for stage 2, I think we only have 20,000 to 30,000oz left.
I feel as if my 25,000 ounce estimate for Gilbeys East footwall might be a lowball number.
After hearing SL the other day my new estimate for the Eastern Footwall would be double that now at 50,000oz.
Gilbeys South looks like a fairly low grade marginal deposit that might come into the LOM as a low grade feed to mix in with the high grade GN ore. Anything over a 4:1 strip ratio for Gilbeys South and it would be better to just shelve, just it like RH did back in March 21.
From my understanding Gilbeys South's main use in the near term will be providing another ramped access to GMZ ore.
Sly Fox and Plymouth could be over 50,000oz combined if they can found extensions to the main pit from the dirt between the deposts (SL seemed confident that they will find this extension).
My original estimate included Stage 3 in the current reserve.
Still shocked at the Bridge estimate of 70,000oz Reserve at Melville. From memory it was mostly indicated and was infill drilled to 10 x 10m spacing. I would have thought there would be more economical ounces pulled out of Melville deposit as the ore is mostly low strip, near surface and reasonably tightly stacked.
Whatever this new LOM number is, we can rest assured knowing that this number is not static and will only increase as more infill drill results feed into the block models.
GLTAH
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