BeerBaron,
Just a thought, but I am looking at the trend over the last few months for Zone 1 that you have so brilliantlt calculated. Your calcs reveal a trend of an increase of 10mil lbs per each months work:
i.e End of March 107.6mlbs
End of April 117.9mlbs (+10mlbs on last month)
End of May 127.8mlbs (+10mlbs on last month)
Maybe this is too simplistic and FAR TOO ASSUMPTIVE but what if we extrapolate this rate of proving to the end of August (Zone 2 JORC is due at the end of August and I imagine it will be DEFINITELY couple with an upgrade from Zone 1)? At the rate could we add:
End of June, say 137.8mlbs
End of July, say 147.8mlbs
End of August, say 157.8mlbs
Add this to 25mlbs at Ida and the 103.6mlbs you have calculated for Zone 2 and we have a combined JORC resource of 286.4mlbs. If your estimates for Zone 2 are very conservative then it is possible that by September we could be owning a JORC resource of circa 300mlbs! If this comes off it will be incredible.
All hypothetical I know but nice to contemplate nevertheless.
Paytrade
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