TRY 0.00% 3.0¢ troy resources limited

Ann: Annual General Meeting Update, page-20

  1. 1,537 Posts.
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    Do not forget that Smarts Underground still needs a lot of work.
    Permit yes, but full plan needed.

    Reserves very questionable. Cut-off very close (0.3 g/t) to average grade. I guess if they were to use that plan most of the the waste is going to have 1.0 - 2.0 g/t... Also average grade from the ore drives is going to have higher grade than reserve grade, shows how flawed the reserve model really is, erring wildly on the conservative side.

    "Ongoing geotechnical work may assist in converting more ounces from the mineral resource category into the ore reserve category."

    And of course open at depth.

    https://thewest.com.au/business/public-companies/troy-posts-maiden-reserve-advancing-guyanas-first-underground-gold-mine-c-3512450
 
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