For a similar deposit, see presentation at:
http://www.voltaresources.com/i/pdf/presentation.pdf
At 1.0g/t Au equivelant, the grade does not really need to improve - just need good deposit geometry, metallurgy, etc.
Also, this presentation shows that if AZY can eventually prove up a reseource that will provide a 150Mt pit reserve, a project NPV if $500M is possible.
A long way to go to this of course, but not out of the question????
However it would pay to note that a second comparative deposit is Bullabulling Golds deposit at Coolgardie where the head grade is only 0.87g/t Au and it is struggling economically to get up.
cheers
gosouth
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