Ann: Desktop Studies Significantly Increases the Korbel Prospect, page-41

Recoveries are say 75% range for heap leach whereas generally much higher for higher grade. That just means you need a bigger resource or alternatively convert a larger % of resource to reserve.

The big problem with underground is they are technically very risky operations because they are much more complex. Safety issues also much greater.

I think pogo is doing 300 koz pa

Korbel looks like it will easily support large scale mining.

If NVA go with a “starter” operation they might start at 150 koz pa ... but it looks like the valley could support a resource 10 Moz to 20 Moz. That could support 300 koz pa+ in time.