The big global deposits tend to have large areas with g/T well below the headline grabbing numbers.They are usually proven up over a number of years funded by an initial productive mine.There are always exceptions e.g.Fosterville.
It is of note that DEG was planning a mine before the Hemi discovery.They just wanted more potential resource to get them over the line-and this is probably the most important question at the moment:is there enough resource to fund a mine?In reality , it may take 20 years to drill out what is available.DEG needs to make some decent money in this gold bull run-which even if it lasts 5 years (and that's anyone's guess) to sustain its long term viability.Given that it takes a min of 2 years to build a mine,DEG needs to keep running hard.
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- Ann: Quarterly Activities Report - June 2020
Ann: Quarterly Activities Report - June 2020, page-44
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