we know the average overall deposits are going to be around the 2600 to 2700 ppm range. This will be the avg TREO grade at 26 % mreo.
the question is can they uncover a large enough feed to have an operation that can last 20 years at 4500ppm. They are targeting 4000 ppm which will be better than Mei ss metrics and Mets if ph and recoveries can continue then opex benefits come through. However this is still early in the process. The key is to determine value in the project at these market rates.
Ann: Colossus Cupim South Step-Out Drilling Yields Best Results, page-7
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