AZM azumah resources limited

comment re size of azm orebodies

  1. 2,320 Posts.
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    I think someone on the thread may have expressed concern about lack of size of Azumah's orebodies which I shared at the time.

    If you look at the release titled
    " Aggressive drilling campaign starts at Wa Gold Project to grow 1.2moz resource base" and dated Wed 27 Oct 2010 you will read....

    "RC and aircore drilling will focus on the discovery of additional shallow, high-margin resources close to the existing Kunche and Bepkong resources to supplement
    those ounces already captured by preliminary optimised open pit designs."

    As AZM are deliberately and strategically targeting shallow resource initially, it does not mean that the larger orebodies aren't there in their vast landholding. When they choose to drill deeper then there has to be the likelihood of the presence of(significantly) larger orebodies.
 
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