Personally, simply revising the resource number by lowering the cutoff to 0.2 g/t Au cutoff doesn't really change anything for me - even if it is continuous from the surface. The ore would have been open cut anyway, so it isn't really changing the amount of material that would be mined. Lowering the cutoff grade to me only makes sense if they actually plan to process all this extra material they are including in the resource definition. They should just provide a table with the resource defined at various cutoff grades and be done with it...
Given they still don't seem to understand what is controlling the gold deposition throughout the region, they should really just be investing as much as possible in drilling more holes to reduce uncertainty and extend resource boundaries rather than just playing games with cutoff grades. It's good that they've got another 3000m RC drilling planned. More of that please. Leave cutoff grade optimisation for a pre-feasibility study...
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Personally, simply revising the resource number by lowering the...
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RAIDEN RESOURCES LIMITED
Dusko Ljubojevic, MD
Dusko Ljubojevic
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