@2gg .... I think your boundaries of the tenements are a bit incorrect. The little dogleg at the South of the West tenement, runs along the front of the tailings dam wall, the big one on the right..
This above photo thanks @Paul88 shows it better.
Part of the resource is under this large tailings dam wall, as stated in the PEA. On Pg 27 of the PEA are a group of photos, including the tailings dam and drilling between the large dam and the small one.
The inferred resource, including a lot of the higher grade mineralisation starts about 130 metres to the East of the foot of the tailings dam wall. Pg 29.
https://itafos.com/site/assets/files/1773/itafos-araxa_technical_report_final-.pdf
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