What gold explorer or producer have a DFS from 2017 with Ore reserves based on Gold at USD$1200?
Only LCL Resources.
How much could their Ore reserves grow if they update the economics to mine base on gold price of USD$1850?
Update DFS with assumption of gold price at USD$2000?
The answer is they would most likely mine a lot more GOLD
and even if they keep same mining plan... the profitability it would go up.
Ann: Quinchia Gold Project (Colombia) Update, page-61
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