In the announcement dated 16th Feb it says that They have defined an exploration target of between 4 and 7 m tonnes at 200-260gt and potentially containing (in red) 26 - 57 mozs, which includes a resource measured at 10.14m oz at 356gt with a 70gton cut off.
Question: Given silver has appreciated some 25% since that release does it then become possible for the company to use a lower cut off figure than 70 g ton, and therefore to increase the potential resource?
I am guessing that 70 g ton was considered the break-even grade?
announcement out, page-28
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