deltatrader
On a $/tonne and Aueq basis, SOC's Mt Adrah outdoes all of Rio Tinto’s Northparkes Mine E26L2, Barrick’s Lake Cowal Mine and Newcrest’s Cadia-Ridgeway Mines except slightly being pipped by Cadia Ridgeways Underground reserves.
Good to see them starting to let the market know the potential they have there.
The overall 25-40Moz conceptual model should certainly not be overlooked, at least while they are nailing the target each round of results.
Next hole starting tomorrow, so an extension to strike from 230m to potentially 300m will really add to the resource that I have pegged at around 3Mozs
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- exciting gold results continue at mount adrah
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