NXM nexus minerals limited

I think your pit proposals may need to consider the locations of...

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    I think your pit proposals may need to consider the locations of oxide, transitional and fresh rock. Oxide is 2.2t per m3, fresh is 2.8t per m3 (affecting tonnages) and also the economics of processing the oxide ore are much more favourable for pit. Fresh ore is higher grade. The SAR/NST experience is that they chase the higher grade fresh ore, I believe (hence going underground to chase 4g/t transitional and fresh feed for Carosue Dam).
 
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