Ann: Kalgoorlie North Gold Project Mineral Resource Update, page-6

Resources moved from:
> 1.338m oz at Jun16 (pre-Cube verification) per 2016 AnnRep;
> to 872k oz at Sep17 per 2017 AnnRep;
> to 825k oz now - although not clear where 954k oz referred to in 121 Mining Conf info comes from - see below link.

Infill drilling has resulted in a loss of 47k oz net?  By my read, Zoro up 136k oz and Excel down 183k oz (see below Resource tables).

Excel was down as Sep17 was an old number at 456k oz - ref date was in 2012 so assume a chunk mined out in pre-NewBOD activity.

Good to get comment from expert in this field but in real terms seem to have gained 136k oz from Zoro ??

A long way away from 1.3m oz but equally SP moved from 15c to 4.1c.


May 2018:
'The current drill program is designed to convert as much of the current gold resource base (954,000oz) to reserve status, extend the known resources and to explore for ‘game changer’ discoveries prior to recommencing gold production. https://www.weare121.com/121mininginvestment-london/client/excelsior-gold/