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This jorc is based on 2.1 k length and 130 t0 200m depth. Its...

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18/04/18

10:58

Post #: 32521375
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Originally posted by tangs ↑

I clicked "like" on this because your points are valid ......however you fail to look forward !
It is the first JORC and although the grade is disappointing the size is near what I expected (predicted 700,000 ) .
There will be more and may well turn out to be more of an underground mine than a pit .
These feeder zones look like they lend themselves to underground mining .
They say the TOP CUT was applied between 5g/t and 80 g/t and obviously had an impact on the grade .
May be they can mine this stuff with a better head grade than is indicated here .
This was always "talked up" a little too much . Now we can view it a bit more realistically !

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This jorc is based on 2.1 k length and 130 t0 200m depth. Its only 1/4 of the 8k length wise. Its open in all direction isnt it? First year of JORC, more to come OUTSIDE the 2.1k?

BRB Price at posting: 40.0¢ Sentiment: Buy Disclosure: Held
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