yesterday's announcement and Rick's audio suggests that the...

yesterday's announcement and Rick's audio suggests that the initial JORC resource is only the beginning.

Listening to the audio summary
- 4 rigs going uninterrupted
- New intercepts on existing resources, extending the existing resource
- JORC was interim resource
- Upside will be a) extensions on known veins b) New zones, potential similar results
- 70% in first 50m
- 40% in first 20m high grade of 3gm/tonne
- Very good economics
- 9000m yet to analysed and to be announced
- 6000m to be drilled
- Monthly announcements from now on

Sounds to me they are expecting well over 1 million oz, cheap to mine, cheap to transport.

40% in first 20m - heck, we could almost get a few dozen men with some shovels, pans and a river and dig it up the old fashioned way
Zaaro