They have already discovered 1.6moz+ within 80m of surface
JP is very confident to double that at depth i.e-3.2moz
going from the proven results of team PXG you have to believe they would..
Catherwood gold project shows the above could be increased much more
with some good drill results near surface (extra 000k's gold resources)
also Kintore ...adds another piece to the puzzle of the total land holdings
JP wouldn't have bothered if it doesn't at least through some more drilling 500koz+ at this time it's looks like 150-200koz
yeah we might not be getting real high grades but the widths tell the story we have the some great fat veins of gold i.e 25m 4.14g/t
if PXG had ann 4m--25g/t the rampers would be all over it...fact is as most of the gold is all near surface the mines will be lower risk/cost opencast...
LGL -Lihir Gold use to have some of the best drilling results I can remember
like (fat widths)
- 86 metres at 3.96 grams per tonne
- 210 metres at 3.40 grams per tonne
- 101 metres at 2.99 grams per tonne
- 94 metres at 3.02 grams per tonne.
- 186 metres at 2.84 grams per tonne
- 138 metres at 2.60 grams per tonne
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