X64 ten sixty four limited

Re Mine Life. There has been no estimate of mine life as...

  1. 2,135 Posts.
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    Re Mine Life. There has been no estimate of mine life as exploration activity is very much underway.

    I refer you back to their June quarterly report issued late July..


    In their report they made various references to exploration activity eg

    1. Co-O Mine exploration
    2. Regional and near Mine Exploration.

    and further into the report

    " As at the end of the June 2020 quarter, the companies tenement portfolio remained unchanged, having 17 tenement holdings with a combined area of 412km square. This includes four granted tenements and 13 tenement applications. Of the granted tenements three are currently in the exploration stage and one covering the Co-O gold mine is in the operation stage."

    Earlier this year the company also announced the construction of a decline to access gold at the lower levels of the Co-O mine. The resources at depth have not yet been quantified nor have the gold reserves / resources been identified on tenements currently under the exploration stage. Similarly there is no estimate relating to the 13 other tenement applications. DYOR





























 
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