Good....still using $1700 gold for the reserve calculation. With a low grade open cut mine changes in the gold price used for the calculation can have a significant effect on payable gold
by way of example the gold price for the resource was $1950 and cut off grade .3gpt.the cut off grade for the reserve was .35gpt.
so at say $2500 gold the cut off grade for the reserve could drop to .2gpt and justify plant expansion to 7mpta
of course in two years we could have $3500 + gold.....do the math!
Ann: Mineral Resources and Ore Reserves Statement December 2024, page-2
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