Way to low!!! Farrk!!
The cutt-off IMO will be around 800-1000ppm for a JORCed grade of around 1500-2000ppm.
A cut-off at 1000-1500ppm will see and average JORCed grade of around 2500-3000ppm, hence why the Infill drilling. Target the high grades now to define the average and improve grades. We have the tonnages 500-800mt mineralisation easily.
It depends on whether management want to JORC 200-300mt at 3000-3500ppm or 500-800mt at 2000ppm. The lower the cut-off more tonnage, the higher cut-off, higher grades.
When I used 1000-1500ppm.. that's bloody high @lightbulbnz.
cheers mate.
MRE and Metallurgy Results, page-3
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