The next JORC upgrade may surprise on the upside.
The previous Jorc on 26/6/08 was only an increase to 400,000oz @ 2.7gt. at Salt Creek. This brought the total Randalls only to 1,113,000oz @ 3.3gt.
All others stayed the same as 10/1/08 JORC.
A number of times it has been stated that the next JORC will only include depth and strike extensions to Maxwells, Santa and Cockeyed Bob high grade gold deposits as well as preliminary mineral resource estimation for new Majestic discovery at Mount Monger (85% JV Newcrest).
At Maxwells.
1/2/10 ann. "2700oz per vertical metre resource to 60 metres below open pit." and "targeting between 580,000oz and 1.3million oz between 150m and 500metres depth."
At Cockeyed Bob ann 25/8/10.
"Latest results confirm depth continuity of BIF hosted gold mineralisation at CEB". "The existing mineral resource extends to approx. 180 metres below surface, 84,000 oz @ 5.9gt. The high grade drill intercepts reported here substantially extend drill defined high grade gold mineralisation to about 200 metres below previous drill intercepts".
At Santa Trend ann.9/9/10.
"High grade gold mineralisation extended to over 2km. of strike and 400 metres depth in the Santa Trend of gold deposits".
Existing JORC 182,000oz @ 2.34gt.
At Majestic we have had a series of positive announcements through out the course of the year. Nigh on impossible to get an indication of what is there.
Existing JORC 10/1/08 130,000oz @ 2.0gt.
With production figures it would not surprise for them to take 3 months to achieve near stated tonnages of through put.
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