Received today in mail Oct Update report- Company overview states - Current 4.008M Au oz JORC compliant resource
Assumed in-ground valuation
Measured 43K oz @ assumed $200 8.4M
Indicated 1045K oz @ assumed $100 104.5M
Indicated 2922K oz @ assumed $ 60 175.3M-
Total 288.2M
Per Share $2.36
$13 m cash at bank
Cost of discovery to date per oz $4
Resource upgrade underway to bring resource up to 5M Au oz
Central Structure drilling continuing along 1.2km of strike to upgrade resource
Drilling of high grade shoots at Lindsays Project.
Number of shares on issue 121.7M
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