Don't worry about those numbers whether it is US or AUD. That comment is solely just for down ramping and create fear for those that don't like to research a bit more. Numbers were driven out from the writing dated 29 Jan 2010 when gold price was $1076.50 an ounce and it is based on NI43-101 standard rather than JORC2012 .
I don't have any idea how you can use those numbers to evaluate a gold deposit now?!! I just let readers of this thread to judge and evaluate.
Gold just touched $2100 not long ago and the world is running out of gold and specifically good major tier 1 deposit. DEG is aiming to become a tier 1 producer and they mentioned that multiple times recently. To become tier 1 producer you need to prove at least 5 million ounces to support 10 years mine life for 500 thousands ounces per year.
Ann: Further positive results extend Aquila and Crow, page-165
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