PRU 3.43% $2.41 perseus mining limited

6m @ 476g/t au from 56m incl. 2m @ 1,421g/t, page-13

  1. 20,409 Posts.
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    This is Proving up reserves. Also holes less than 20 grams haven't been included. The higher grade intercepts means that even with lower grade ore in the remainder you still end up with a very attractive average. Anything that increases the likelyhood of resource been converted to reserves is a big deal IMO it's not one or two metres of high gold, it's not tha 1000 grams over two meters that attracts, it's the 10s of grams over many metres that's impressive
 
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