PRU 1.57% $2.58 perseus mining limited

a maiden resource estimate for obdilla was released today with...

  1. 642 Posts.
    a maiden resource estimate for obdilla was released today with an amount of 618 000 ounces of gold found.

    Not as much as some people were expecting i dont think, but the announcement does say they will be in a position to make regular upgrades to this resource estimate. They have 2 rigs working with a plan to have a 3rd working soon to continue drilling at obdilla.

    The announcement doesnt mention what sections were used in coming up with the resource estimate, since they were moving rigs to section 9 in late august.

    Could they have held back section 8 and 9 for the next upgrade since the announcement says 43% of the resource estimate came from the westernmost 100 of the 400 meter strike.

    Would like to hear what others thought of the maiden resource estimate for pru.

    Thanks.

 
watchlist Created with Sketch. Add PRU (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.