Hi guys
spoke to CEO today
a few notes
Strip ratio to come down significantly due to additional infil drilling, it is high at present as the computer model fills in the gaps as waste as opposed to ore due to lack of holes.
Ore grades are very high - and continutaion at depth can significantly impact economics of project as capital expenses will be amortised over longer.
High drill results will result in higher resource
Narrow drills with these good results will allow for alot of the resource to move from inferred to indicated
Indicated resource allows for feasibility studies
Drill results to continue
Resource upgrade within weeks
in summary results a very encouraging and project moving forward
Hi guys spoke to CEO today a few notesStrip ratio to come down...
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