TYX 20.0% 0.4¢ tyranna resources limited

“Between October 2017 and April 2018 a tribute arrangement under...

  1. 300 Posts.
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    “Between October 2017 and April 2018 a tribute arrangement under the previous owners of the Eureka
    project resulted in the mining of 53,000 tonnes at 3.3 g/t for production of 5,400 ounces.”

    This paragraph from announcement tell me two things :
    1. Tyranna to receive a 4% royalty generated from this tribute mining campaign.
    2. Without high costs we can produce, at least 10,000 ounces per year with one mine .This is good ,this is very good.
 
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