Morning trading February 8, page-20

  1. 4,284 Posts.
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    FFX today's announcement, this is a game-changer , this will bag many times

    2.2 Million Ounce Resource Estimate Transforms Morila
    • Indicated and Inferred Mineral Resource at Morila pit jumps from 1.3 million ounces of
    contained gold to 2.2 million ounces of contained gold
    • Grade of the Mineral Resource increases from 1.2 g/t gold to 1.6g/t gold
    • Bulk of resource is open pittable with a portion of underground resource with intercepts
    including 14m at 21.7g/t gold and 6m at 9.0g/t gold at Morila NE; 5m at 31.5g/t gold, 17m
    at 4.9g/t gold and 35m at 3.0 g/t gold at Samacline
    • Studies to commence to target production of 150,000 - 200,000 ounces of gold per annum
    from a Morila Superpit using existing infrastructure
    • Global resource for the entire Morila project is now 2.35 million ounces of gold
 
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