allambi resource upgrade - cant be long now!!my guesstimate is...

allambi resource upgrade - cant be long now!!

my guesstimate is well above 1.5bt for southern and northern blackall...

1.2bt in the south(carlow deposit) and from the this announcement,the north(allambi deposit) mirrors the south.


12km x 12km x 6m seams @ 1.4density comes a further 1.2btx 1.2bt - discount 30% to be on the safe side = 840mt + 1.2bt existing resource = 2.04bt total

EER may well exceed their exploration target.

Exploration Target likely to exceed 2 Billion Tonnes
http://www.asx.com.au/asxpdf/20100408/pdf/31pp000fxnwjgr.pdf