gold production at $90 an ounce ..., page-7

The open pit indicated and probable resources released today by TRY are significantly higher than anything open pit being mined in Australia.

The open pit indicated resources have a gold grade of 5.39 g/t and silver grade of 130 g/t for 326,000 ounces gold and 7,854,100 ounces silver. Gold equivalent ounces is 426,900 at 7.05 g/t.

The open pit probable resources have a gold grade of 5.44g/t and silver grade of 96.05 g/t for 244,600 ounces gold and 4,320,300 ounces silver. Gold equivalent ounces is 305,900 at 6.80 g/t.

This looks brilliant. Expect a substantial rerating of the TRY share price in coming months as TRY moves to fast track production.