Hi pintohoo,
Yes, i agree about the read.
I'd hope that Lake Roe would be more than 1Moz.
I guess Patto's want to err on the side of conservatism?
Our estimated potential for at least 1Moz of gold is based on a 2.2km strike length at 230m dip extent and average intercept of 10m at a grade of 2g/t Au. This assessment does not include the potential for a further 2.2km of extensions to the north, based on strong aircore results in the Phase 4 aircore drilling. In addition, in the long-term, the presence of high-grade sulphide lodes may be more significant than the obvious open pit potential. Sulphide lodes typically can extend to great depth and this presents very real potential for long term underground development.
Anyway, it looks like we are in for a good close ...
BRB Price at posting:
30.0¢ Sentiment: Buy Disclosure: Held
