These results are within the spoil area above the resource - converting waste to ore...
CAPEX will be reduced as less stripping is required
OPEX will be reduced as it is shallow and higher grade than the current average of the deposit.
Revenue & profit will be increased from the additional gold we have defined, in addition to the cost savings above.
This really will boost the economics here, and it is likely to be repeated elsewhere in the pit.
See below, I've highlighted the rough new potential resource area identified in yellow to show the magnitude of these results.
Will be interesting to see how far mineralisation extends across as per the red arrow I've drawn in, not to mention the true widths of the 4 holes that ended in mineralisation.
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- Ann: Pit 5 Delivers More High-Grade Gold Results
These results are within the spoil area above the resource -...
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