80 000-100 000 OZ calculated on on grade 3g/t,
what if they will start to process ore with higher gold concentration?
``Latest underground diamond drilling results at Perseverance deliver high-
HIGHLIGHTS
grade intercepts including:
o 0.95m @ 170.94g/t Au;
o 3.14m @ 12.10g/t Au;
o 0.95m @ 21.33g/t Au; and
o 5.76 @ 3.61g/t Au;
• Results provide more firm evidence that areas surrounding known
deposits contain significant additional high-grade mineralisation``
3.14 m slice of ore with concentration of 12.1 g/t sitting in ground at 100 m level
From processing that ore 400 000 OZ per year could be expected.
Lihir produced 880 000 OZ last year with SP around $3.2
FML SP could be around $1.5-$2.0 at this level(400 000 OZ) of production
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