Another good result. What seems to be impressive here is the ratio of "Free Milling Ore" to "Sulphides" is improving ie 318,000oz to 689,000oz. It seems the 318,000oz is up from around 92,000oz that was previously reported for Ashburton. I assume it is the free miling stuff which can essentially be trucked to Paulsens for immediate processing. This could be a case where further drilling around sites like Peake, Waugh, Zeus will continue to yield increases in the "Free Milling Ore reserves". I am not a an expert but I assume the unknown at the moment is the cost of extracting the gold from the sulphide components of the ore ie that 689,000oz's.
ann out: 1 mil oz resource, page-7
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