SMM 0.00% 0.3¢ somerset minerals limited

Ann: Investor Presentation - March 2022, page-25

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  1. 1,900 Posts.
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    this is my understanding, JORC 22/ early 23 (most likely 23 when we consider drill plan and assay delays)
    need to size up a resource that gives mine life of 4-5 years min to make it worth it.
    if they can do that …. Things could move fast as existing license and less capex required due to infrastructure.
    i presume underground drill permit - could speed things up and or prove up a larger resource?

    i don’t have much idea in regards to when we may possibly hear about Ecuador survey program…. Any thoughts on this?
 
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