VMM 0.72% 69.5¢ viridis mining and minerals limited

Ann: Trading Halt, page-47

  1. 775 Posts.
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    Battled through some very sloppy and inconsistent reporting by the company (naming conventions changing, depths missing on some announcements, elevation missing on some announcements, northing and eastings switched around in the May announcement) to come up with the following random numbers, inferred:

    Northern Concessions: 130Mt @ 2200-2600ppm
    Cupin South: 45Mt @ 2200-2700ppm
    Ribereo: 11Mt @ 2000-2500ppm
    Tamoyo: 8Mt @ 1750-2250ppm
    CDO: 6Mt @ 1200-1600ppm
    Total: 200Mt @ 2100-2600ppm

    Not considered: San Roque, Fz Cocal, Moinhos, Sien.

    Within the Northern Concessions there will be up to 5Mt in the higher confidence Indicated or Measured category. Large upside exists at Cupin South.

    Used SG 1.3 as suggested by T2CupAndHandle and mho25 (thanks again).



    Last edited by FFailings: 02/06/24
 
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