My speculation began on p.5:
"... this MRE update [is] based on assays to 7 March... All deposits remain open at depth [looking at you gmeister] and along strike."
"OPEN" is one of my favourite words in this context!
How about opex and AISC, p.6:
"The indicated resources of the Hemi MRE occurs within the open pit classification to a depth of 390 m...[!]."
OP mostly beats UG on costs and time.
The map on p.7 kicks my speculation up a level. In only 7km2 the blue bits (Inferred) are almost eye-watering in the context of "open" along strike.
Page 8 is simply dizzying. With "limited drilling" below 390m, "a Mineral Resource of 1Moz has been defined below 390m..." To quote a million TV offers, "but wait there's more!" "[N]umerous shallow taregets remain to be followed up."
... And that's just a taste of all the yummy Au that's bubbled up for DEG!
OV
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*****
Ann: Mallina Gold Project Resource Statement - 2023, page-15
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