AOH 0.00% 12.0¢ altona mining limited

re: Ann: Little Eva Definitive Feasibility St... Ivy Ann is...

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    re: Ann: Little Eva Definitive Feasibility St... Ivy Ann is included in the Roseby DFS. It has 7.5 mt at .54 % cu and is not much closer than CYU's drill prospects at Roseby South.

    That's because they expanded the resource by including lower-grade stuff, the actual core of Ivy Ann (if you look at earlier reports) was reported as 4 Mt at 0.7 or 0.8% Cu, with much higher gold credits.

    They won't end up mining all of Ivy Ann (or any of the others - Little Eva has 100 Mt of Resource but only about 50 Mt of Reserves).

    Ivy Ann has 3.5 Mt of Reserves.

    It all comes down to what CYU find, anyway. If they find another Ivy Ann I'm sure it'll go to Little Eva, but if they find another Little Eva... I reckon they'll be planning their own project.
 
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