Ann: Satellite Pit Resources update delivers 1.49M oz of gold, page-14

Reading through the report will take some time but apart from the headline number, which is fantastic. There are several other really positive key facts of interest which jump from the report. These will only further enhance our gold mining profits and LOM.

A new geological model has been created for the main Morila deposit and all historic data validated.
A new Mineral Resource Estimate is in progress and will be reported when completed.

Cut-off
parameters
• The basis of the adopted cut-off grade(s) or
quality parameters applied.
• The cut-off grade is based on historical cut off
grades used at the Morila project, which were
based on historical operating costs at the project while operational. Mining studies will be
carried out to determine a more precise cut-off
grade. Given the current gold price any cut-off
grade based upon historical values is likely to be
conservative.


hold them tight people.......very interesting times ahead........Oh, and don't forget about our globally significant lithium resource

All imo and DYOR