WMC 0.00% 20.5¢ wiluna mining corporation limited.

Thanks X I,m sure you are right. The problem we are experiencing...

  1. VYR
    4,689 Posts.
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    Thanks X
    I,m sure you are right.
    The problem we are experiencing with cash flow and ASIC seems to be to be tied to the reserves being low grade.
    The open pit reserves have an average grade of 1.3g/t and the UG have 5.6g/t. The volume mix unfortunately delivers our problematic average of 1.4 g/t

    The picture is much brighter in probable resources with the open pit at a healthy 2.3 g/t and the UG at 4.7 g/t giving an average of 2.6 g/t

    Interestingly the PFS forecasts a massive shift to high grade underground with
    1.1 m.oz coming from OP at 2.3 g/t
    and
    608koz coming from UG at 4.7 g/t
 
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