Havieron - and the 5% Option, page-6

From the recently released MRE upgrade that GGP released by themselves as NCM reneged on their promise, this shows that the "starter" mine is slated to produce for 11 years so where the 3-6 years comes from I do not know.


Also this section of the SE crescent still has 7mt inferred and is open in most directions and at depth where we have seen intervals like HAD133 with 85m @11g/t and HAD131 with 133m @ 7g/t up to 600m below that upgraded MRE.




Then there are hits in the other areas like

Northern Breccia: 72.3m @1.4g/t Au & 0.07% Cu (HAD147W2)
Eastern Breccia: 43.3m @2.7g/t Au & 0.06% Cu (HAD084W2)
NW Pod: 52.7m @ 7.1 g/t Au and 0.04% Cu (HAD089W4)

These are just a small sample of the other hits that are getting NCM interested in the possibility of a long life bulk mine with the shape of the deposit lending itself to a block cave development - lots to play for here and I think it will be a much longer source of feed for Telfer than you are anticipating.

ATB - Paddy