Its a bit of a tough one given the current exploration results. Average strip ratio looks around 8-10 for 2g/t resource and the strip wont increase due to the topography (until it hits Sheppards Creek)
I dont know what the dev costs are like in NZ, so don't know if that's feasible or not.
There is also reasonable chunk of high grade ore at RAS, it might only be 100k ounces, but the plunge might mean a decline runs almost parallel and you may need only say 500M of decline. So maybe ditch the open pit and cherry pick the high grade shoots along the zone?
Lots to think about.
Anyway keeping a very close eye on this one
Ann: Significant Gold Continuity in Rise & Shine Drilling, page-3
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