@Barolobill here's your call:
I’ve done my best back of the envelope guess, and I’m predicting with no great confidence a resource upgrade of between 320k-370k oz. taking total to around 690k, with a good percentage in indicated. Think we will see avaerage grade jump up again from 3g\t. So say 700k oz resource, with 500k odd getting converted to reserves for 75k oz p.a production, mine life of 6-7 years and an AISC around $1100-1150. All with plenty of exploration upside along strike, at depth and regionally (orient well).
announcement:
7.1Mt @ 3.3g/t gold for 760,000 ounces of contained gold
Not a bad stab at it!
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- Ann: Mineral Resource at Ulysses Soars 137% to 760,000oz
@Barolobill here's your call:I’ve done my best back of the...
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