I will give attention again to this ann.from 28.nov.
which added huge value into ALD.
An additional 204,000 ounces in oxide gold resources at the Pigiput Ridge has been defined including new discoveries at Pigiput East. (This follows on from the recently announced Resource expansion at Sorowar dated 24/10/08).
The mineralisation remains open.
This additional 204,000 ounces now brings the total Simberi gold resources including Inferred, Indicated, and Measured for all material types to approximately 3.2 million ounces, an increase of 815,000 ounces for the year.
A new reserve upgrade of the Pigiput & Sorowar oxide resources is due by first quarter of 2009.
additional 204000 oz. means about additional 177 mill. US Doolars !
with the mineralisation remains open, I'am looking forward and excellent first quaterly in 2009.
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