Thats a solid first jorc announcement by GDM. Even at the low cut off grade they would net $700 an ounce at current gold prices...so worth circa $35m in net cash flow. One would assume the infill drilling and deeper drilling could increase this to 65,000+ ounces and increase the grades thereby cutting down the amount of dirt to shift to get it.
well done to Justin and his team.
so far so good.. looks like a steady little ship
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- Ann: Initial JORC Mineral Resource Estimate at Yellow Jack
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Ann: Initial JORC Mineral Resource Estimate at Yellow Jack, page-2
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