Depth of decline approx to reach base of historical mine is 786m. Base case mineral resource of 1,700,000t for 380,000oz at over 8gt Reserve will be likely around 1,000,000t for 180,000oz @ grade of 6gt Potential Annual production assuming 25,000tpm = 300,000tpa Annual production at recovery rate of 90% = 50,000oz Total Revenue = 180,000ounces * $2,970 = $534,600,000
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