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
- ann: major resource%reserve upgrade paulson
just in:MAJOR RESOURCE & RESERVEUPGRADE GIVES PAULSENS+5-YEAR...
-
- 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
(20min delay)
|
|||||
Last
$14.75 |
Change
0.100(0.68%) |
Mkt cap ! $16.83B |
Open | High | Low | Value | Volume |
$14.80 | $14.86 | $14.75 | $3.171M | 214.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 3298 | $14.75 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$14.76 | 175 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 4573 | 14.770 |
6 | 2980 | 14.760 |
8 | 7224 | 14.750 |
7 | 5887 | 14.740 |
3 | 2574 | 14.730 |
Price($) | Vol. | No. |
---|---|---|
14.790 | 1544 | 12 |
14.800 | 12030 | 16 |
14.810 | 2509 | 10 |
14.820 | 6099 | 10 |
14.830 | 5010 | 9 |
Last trade - 10.34am 10/09/2024 (20 minute delay) ? |
Featured News
NST (ASX) Chart |