The Mineral Resource (Indicated and Inferred) update at Break of Dayhas estimated the Starlight and White Light lodes to host:
360kt @ 13.9g/t gold for 161,000 ounces of contained gold
Following the completion of a further 30,000m of infill and extensional drilling at Break of Day, and a re-interpretation of the mineralised lodes,the Mineral Resource (Indicated and Inferred) estimate at Break of Day,including Starlight and White Light is:
797kt @ 10.2g/t gold for 262,000 ounces of contained gold
The updated Break of Day resource delivers ~ 42% increase in gold grade to 10.2g/t Au ~ 58% increase in Indicated Resources to
175,900 ounces gold. A 31% increase in total contained gold ounces
Situated on a granted mining lease, the Break of Day resource is one of the highest grade, undeveloped, near-surface, gold resources in Australia A significant proportion of the resource will be amenable to open pit mining with the top 175m averaging over 1,100oz per vertical metre
When combined, the Break of Day and the Lena deposit, located 130m to the north-west host (Inferred and Indicated Resources):
5.1Mt @ 3.6g/t gold for 587,000 ounces of contained gold, of which a significant component will be amenable to open pit mining
Ann: Break of Day High-Grade Mineral Resource Estimate, page-7
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