"As shareholders are aware, in the Smarts Underground, the Company has an advanced project located adjacent to the Karouni Mill with a current Ore Reserve of 1,082,000 tonnes @ 2.6 g/t Au for 89,400 ounces but with significant upside potential, and for which it has already received the majority of approvals required from the Guyanese authorities to proceed with development."
Highlighted is what IMO is the significant factor, there is 200k ounces to start with that could be added to that and potentially more.
While the prospect of other ore deposits is an upside, Smarts Underground is the main focus. IMO underground deposits will be the main focus of gold mining in Guyana
- Forums
- ASX - By Stock
- Ann: Company Recapitalisation
"As shareholders are aware, in the Smarts Underground, the...
-
- There are more pages in this discussion • 48 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TRY (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online