DRE dreadnought resources ltd

Ann: AGM Presentation, page-60

  1. 5,982 Posts.
    lightbulb Created with Sketch. 8805
    Thanks for getting that further info.

    Yeah, none of those grades come close to Star's, even the underground ones, let alone the open-pit ones.

    Star will be open-pit (normally lower grades required as easier to mine (1-2g/t Au)), but grades are much higher than even the underground operations (normally higher grade needed (4-5g/t Au) as harder to mine.

    Anyway, as Dean said, this resource won't be life-changing, but the profits (~$30M over 12 months?) from it, which they'll use to do what they're best at (exploration and discoveries), potentially will.

    Cheers,

    GB.
 
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