EQR eq resources limited

One thing that I thought was worth pointing out is the comments...

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    One thing that I thought was worth pointing out is the comments around the lower cut off and the success with the ore sorting.

    Both on slide 32.

    -Lower cut-off's expand the resource significantly. I.e. Red area = 0.05% WO3 halo surrounding high grade veins.

    Factors that have changed since BFS:
    -Ore Sorting success on grades down to as low as 0.05% WO3.

    If we take a beneficiation rate of 10(actual rates between x5-x28) and apply it to a 0.05% WO3 ore we come out with a .5% grade ore which is the grade EQR is aiming to send into the processing plant after ore blending. When you consider a lot of this ore is not being mined directly but is being dug up anyway to get to the high grade ore and is currently just planned to be "waste" it becomes a lot more attractive. Then just to make it that much more attractive once it has gone through sorting and processing any of the waste from those processes is sent to the quarry inventory where it continues to have value. Not to mention the cost savings of not having to manage the waste/tailing storage of any aggregate that leaves the quarry. It's a great setup.

 
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