just in:
MAJOR RESOURCE & RESERVE
UPGRADE GIVES PAULSENS
+5-YEAR MINE LIFE Resources rise 38% to 555,000oz, Reserves increase 81% to 204,000oz
KEY POINTS
?? JORC Reserves at Paulsens Gold Project in WA increase 81% to 204,000oz2 (at 5.3gpt); Grade up 23%
?? Total JORC Resources increase by 38% to 555,000oz1 (at 5.7gpt) after 50,250oz of mining depletion; Grade up 14%
?? Paulsens Gold Mine now joins the +1Moz single deposit club, comprising gold mined plus current resources
?? Upgraded Resource comprises 206,000oz1 as Measured, 167,000oz1 as Indicated and 182,000oz1 as Inferred
?? Revised inventory gives Paulsens +5-year mine life based on a strong historical conversion of Resources into mineral inventory
?? Resource upgrade includes a 156% increase in the Upper Levels at Paulsens which will provide supplementary ore for 5-7 years
?? Northern Star’s total Resource inventory now stands at 2.2Moz1 following recent 66% increase in resources to 1.7Moz1 at the Ashburton Project, 200km from Paulsens
?? New estimates exclude a host of high-grade drilling results recorded at Paulsens this year, including hits of up to 1,135gpt at the Voyager 1 lode and 435gpt at the Voyager 2 lode
?? Resource upgrade includes maiden Open-pit Ore Reserve of 13,000oz at 3.2gpt from Belvedere, 8km from Paulsens plant
?? Ongoing drilling to underpin further resource updates
?? Paulsens set to produce 100,000 - 115,000oz this calendar year, with total costs running at A$850-A$950/oz, generating up to $85m in surplus cash
- Forums
- ASX - By Stock
- NST
- ann: major resource%reserve upgrade paulson
ann: major resource%reserve upgrade paulson
-
- There are more pages in this discussion • 34 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NST (ASX) to my watchlist
|
|||||
Last
$14.76 |
Change
0.110(0.75%) |
Mkt cap ! $16.96B |
Open | High | Low | Value | Volume |
$14.80 | $14.86 | $14.65 | $12.88M | 873.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
18 | 11517 | $14.74 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$14.76 | 5145 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
18 | 7905 | 14.740 |
28 | 18036 | 14.730 |
16 | 8480 | 14.720 |
13 | 4418 | 14.710 |
10 | 5068 | 14.700 |
Price($) | Vol. | No. |
---|---|---|
14.750 | 2437 | 9 |
14.760 | 4500 | 10 |
14.770 | 4308 | 9 |
14.780 | 10473 | 9 |
14.790 | 6785 | 8 |
Last trade - 13.02pm 10/09/2024 (20 minute delay) ? |
Featured News
NST (ASX) Chart |