Great find @skipapan and a reminder that I forgot to chase up...

Great find @skipapan and a reminder that I forgot to chase up the US MRE release tech rep and mistakenly relied on the ASX MRE release. Nth America require detailed technical reports warts and all (ie 268 pages) vs ASX that only requires a piss weak summary (ie 36 pages). Unless an ASX stock is dual listed in Nth America, forget being given the full report to consider... we have to settle on heavily cherry-picked summaries.

Anyway, the most important point raised in DSS rely to the Rarae Erath Observer is that higher ore feed grades translate directly and proportionally to higher leach feed con grades. 2915ppm ore feed in the MRE prodcued 35,000 ppm TREE in the leach con, an increase factor of 12. 12 x 4000ppm = 48,000ppm TREE in leach con, also a uplift factor of 12...


This supports my point that the higher the ore feed grade, the higher the critical leach feed grade and thus cheaper the expensive leach process (capex and opex). Given waste strip costs <$2/t, it seems certain that targeting higher grade run of mine ore feed with selective mining and higher waste strip will be more economic than simply mining an zero strip 4000ppm head grade. Therefore, infill drilling is required to identify the high grade distribution obvious in many thick intervals of holes drilled 90m apart but which drop grade in surrounding holes 90m away...

GLTAH