My idea was that previously we had 290k, just "normal" Smarts mineralization extending deeper. And we all know that those grades are somewhat crappy, so maybe borderline economic. I thinks that is what Ken meant with "100k maybe more" which I translate to 150k.
Then add in the higher grade n/s veins, giving more tonnage and way more grade. This has the effects to make all of the lower grade ore possible to be mined and enhance the average grade. Something like 500k at 5 g/t, maybe slightly lower on either ounces or grade.
And that was before the latest announcement. Honestly don't know. It might well be 1m or more if it extends along strike.
TRY Price at posting:
16.0¢ Sentiment: Buy Disclosure: Held