The grade is low, however it is very shallow. This will depend on constancy & size of the ore zone. This is obviously the first of many drill results to come & is promising to say the least. If they can extend this to the size of a large scale open pit then grade will be fine. Also remoteness is only an issue in regards infrastructure such as power so yes would no doubt add to the capex, however its not iron ore we are talking about, any dore would be flown to Perth. No pleasing some imo!
Someone like Regis who are very good at low grade operations would be keeping an eye on this I'm sure.
this is huge!, page-26
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