People are busy with SRI this morning. It is positive news don't get me wrong, 41gt at >150m depth is good news. However I am not so sure about the widening story. Take the headline intersection, break it down = 3m @ 41gt, then 14m @ 0.5gt based on total metal. That 14m is sub-economic in UG or OP mining. So they have 3m @ 41gt of real economic value. Look at the angle of the hole to the ore dip, about 45-60 degrees? Therefore true width 1.5-2m @ 41gt.....,very similar to surface width and grade. (back of envelope calcs only above).
People are busy with SRI this morning. It is positive news don't...
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