DRM 0.00% 33.0¢ demetallica limited

Ann: 100,000oz Da Vinci High-Grade Resource, page-16

  1. 8,231 Posts.
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    Da Vinci clearly adds mine life based on the drilling results, but the resource geo is not doing themselves a favour signing off on the magic 100koz with those parameters - pressure from management I assume to fluff the figures for an announcement.

    Recon should be similar to West lode, basically Da Vinci is a fault offset - similar widths grades etc. First step, assess the economics - you picked 70koz reserve, I'll conservatively pick 60koz so we're in a ballpark together.
 
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