AEV 0.00% 0.9¢ avenira limited

investor presentation out, page-14

  1. 1,517 Posts.
    thanks marnice

    saracen

    not sure what area you were using at arruwurra to get
    3 years of low overburden mining but I have looked closely at the results and leaving out areas on the fringe at depth and using a 15% cutoff I calculated there is an area of 3000m by 1300m with average overburden of only 14.2m.
    Average thickness is 4.7m with a grade of 21.7%
    At a density of 2 this gives 36.5 MT or 27 MT at 28%
    which is sufficient for 9 years at 3 MTPA.
    There is also 3 results in north west area which average
    2m at 28.6%.If this triangle area averages 28% plus then
    this is DSO and is an obvious place to start mining
    with potentially 500,000 t plus of DSO.
    I am very excited by these Arruwurra results.
 
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