PRX 0.00% 0.3¢ prodigy gold nl

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    'm not sure I've seen anything since the below statement from the 25th August 2020.

    Old Pirate Mineral Resource
    Old Pirate is a coarse gold-bearing quartz-vein system hosted by a sequence of intercalated sandstone and shale
    horizons (turbidite sequence). Quartz veins ranging from 20cm to 6m in width host the gold mineralisation. The
    mineralised quartz veins preferentially follow key shale horizons within the turbidite package. The key shale horizons
    are generally thicker shales, with some up to 25m thick.
    No drilling was completed at the Old Pirate Project in 2019/2020. The Mineral Resource has been reviewed and
    determined to be current. During the reporting period TRL Tanami completed mining studies with aim to progress the
    project to production. These studies confirm the reasonable prospects for economic extraction. The studies are not
    presented as a scoping study and therefore the Company is unable to disclose results of these studies under ASX listing
    rules.
    Table 4. Old Pirate August 2020 Mineral Resource Estimate
    Old Pirate Gold Deposit – Mineral Resource Estimate August 2016
    Domain Classification Tonnes Grade (g/t) Metal (oz)
    Western Limb Indicated 10,000 7.5 3,000
    Inferred 280,000 5.5 49,700
    Central Indicated 20,000 3.1 2,400
    Inferred 420,000 4.2 56,300
    East Indicated 5,000 7.6 500
    Inferred 10,000 4.9 1,600
    Golden Hind Indicated 5,000 3.5 500
    Inferred 5,000 4.1 900
    Sub-Total Indicated 40,000 4.6 6,500
    Inferred 720,000 4.7 108,500
    Total Indicated + Inferred 760,000 4.7 114,900
    Note: Totals may vary due to rounding. The above Mineral Resource Estimate was first reported in 2016 (ASX: 19 August 2016).
    Prodigy Gold announced an operator agreement with TRL Tanami Pty Ltd covering the Old Pirate Project during the
    reporting period (ASX 3rd October 2019). Prodigy Gold retains ownership of the Mineral Resource until produced or the
    mineral lease is acquired

 
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