OZM ozaurum resources limited

Ann: Cross Fault RC Drilling Confirms Significant High-Grade Gold, page-61

  1. 7,422 Posts.
    lightbulb Created with Sketch. 1607
    I encourage people to have a read of STN's latest presentation. They are going the HL route also.
    They have 2.03moz all up at a grade of 0.54g/t, so for anyone that says our 0.7g/t grade is too small, think again.

    They are looking to produce 122koz per year
    ASIC $1,857oz
    Mining $4.50/t
    Processing $9.42/t
    Projected earnings A$ 1.038B at a gold price of A$2,665 (current price is double that)

    With the current gold price, I can see many more HL programs getting underway with lower grade resources.

 
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