DEG 3.83% $1.22 de grey mining limited

Ann: Consistent extensive gold endowment at Falcon, page-39

  1. 1,271 Posts.
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    Hi Pidg, no I think you might ask DGO tho, as they are certainly keeping a close eye on it. I'd imagine that the estimate will be somewhere between 5 and ten million ounces given the grades shown and amazing amount of drilling undertaken to date, but I'm no expert in that space and can only guess from the limited data given. Have to admit my rough estimate for Falcon the other day had a significant error in it, and would be more like 400k oz so far. So don't trust me .. The important thing though is that much of the resource in Brolga is low strip ratio so much of the ore can be accessed , so the overall mining reserve might not be too much less than the indicated resource, which will be a great outcome if that's the case.
 
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