Ann: Another high grade intersection at Alexander River, page-16

  1. 1,476 Posts.
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    We'll know soon enough whether we are closer to the 700,000Oz JORC at 5-7g/t or not. smile.png

    JORC should be coming either this week or next week from what Paul said at the RUI Conference.

    And how fast the JORC Upgrade occurs.

    BTW The Gold Price is today $A2600+/Oz, the highest Gold Price in the previous calcs above was $A2,500Oz.SNG-Gold-Price-in-SNG-website.png

    Just amended the RHS column to reflect the $A2,600/Oz in the RH column for 140k Oz annual prodn at 700/000Oz Maiden JORC at 5-7g/t and at 340k Oz annual production at Combined Upside Potential of 1.7Million Oz JORC at 5-7g/t grade.


    SNG-700k-JORC-140k-Annual-Prodn.png

    SNG-340k-Oz-Gold-Prodn-at-1-7-Million-Oz-JORC.png



    Even with the Maiden JORC of ~700kOz Siren Gold is set for major re-ratings as the Maiden JORC is released, then again once the Scoping Study for the Gold Processing and Pouring plant and then again when the Scoping Study for the Exploration Decline are released...JORC Upgrade(s).....let alone more Jewelry Box gold hits.....

    SNG-Bonanza-Grade-Gold1.png



    Last edited by Goldhunter122: 11/05/22
 
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