The resource upgrade is hmmm, ho hum.The cut off grade has been...

The resource upgrade is hmmm, ho hum.

The cut off grade has been increased but is still very low by industry standards, especially for a small resource.
Obviously this is nowhere near a stand alone mining proposition, as suggested, maybe feed for a nearby operators' mill.
The low grade of the resource does mean that the cost to dig up the feed would not be cheap.

It looks as if much more work needs to be done before this resource is economic (even as feed for another mill)