My quick and dirty assessment of the published data has:
- Open Pit Probable at 1.32g/t for 1,180,000 oz
- U/Grnd Probable at 3.57g/t for 1,420,000 oz;
-It would seem a minimal exercise to drill and extend the underground resource at the now higher gold price and to lift the whole LOM plan.
I note the 2023 ORR annual report on page 13 publishes a targetextension of 4-6 Mt, at a grade of 3-4 g/t. And it references 8 out of resource calc drill results to back up this target .
If PRU could upgrade this project & LOM, it looks like it might become the most lucrative mine they have.
Ann: Nyanzaga Gold Project Update, page-5
Add PRU (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.38 |
Change
-0.020(0.83%) |
Mkt cap ! $3.269B | |||
| Open | High | Low | Value | Volume |
| $2.39 | $2.39 | $2.36 | $6.595M | 2.780M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 110442 | $2.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.38 | 116254 | 7 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| PRU (ASX) Chart |