I love this post from a year ago
same issues re drill results and waiting for a JORC upgrade at Boorara however production completed and cash flow positive
the drill program was significant 60km and 358 holes.
I cannot find when the 500k oz JORC was published but this note tells me “it was Several years ago” and therefore doesn’t include this drill result. Happy to stand corrected, but if so then we should expect a positive update. The drill results were positive cf to established producer. Found this information ages ago on another site.
HRZ 358 holes 61528m 1300 intercepts @ 1.6% (add to 500k oz?? Infill & move resource towards known )
RMS 363 holes 43km 1016 intercepts @ 3.4%
HRZ ev/resource oz $27
RMS ev/resource oz 10 times that (guessing)
the more I read the bigger the story
ALL IMO
I love this post from a year ago same issues re drill results...
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