VMM 3.03% 68.0¢ viridis mining and minerals limited

Ann: Notification regarding unquoted securities - VMM, page-7

  1. 2,508 Posts.
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    The 250mt is for 2027 too (along with the $4).

    I know some people like @GKeden and @setfire2thehive had some rough guesses on the MRE pre-W1/2 results coming back. Perhaps with some decent depth it's already over 150Mt.

    My rough calcs are (Maximum Mt) - Tell me if I am missing something here.
    Western = 4km2 (assume 10-15% unusable) @ 26m deep (they've said 20 to 50m), 1.4T/m3 (guessing) = 145Mt.
    Cupim South = 1.5km2 @ 26m, 1.4T/m3 = 81Mt
    Northern = 7 @ 26, 1.4t/m3 = 190Mt

    Roughly 200-500Mt depending on depth and usable area? Northwestern and other areas are excluded from this number.

    Seems like 250Mt is pretty achievable with enough drilling.



 
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