SPR 6.05% $1.32 spartan resources limited

Ann: Never Never Resource Jumps by 183% to 303,100oz, page-22

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  1. 4,572 Posts.
    lightbulb Created with Sketch. 3215
    Don't they have to be economic ounces ie. probable reserve rather than indicated resource.
    On commencement of mining.
    https://hotcopper.com.au/data/attachments/4992/4992335-9206cab8449d00cbf848f107bdc3d50e.jpg


    Current pit reserve calculated at $2,500 although reserve will now be recompiled using an updated mine plan including underground mining as a primary economic extraction method for NN and potential NN lookalikes.

    https://hotcopper.com.au/data/attachments/4992/4992355-082ba415fbc8e61a9990575f8e291291.jpg

 
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