HGO 2.78% 7.4¢ hillgrove resources limited

Why not give back to shareholders now?, page-10

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    Don't forget the most obvious and most immediate targets were described in the announcement on 25/05/17. The underground targets comprise 5-10 million tonnes at 1.7-2.2% Cu and 0.4-1.0g/t Au. That could provide 80-160,000 tonnes Cu and 60-120,000 oz Au. These are underground targets but are extensions of previously mined open pits. Drilling at Nugent will commence shortly. This could keep HGO going for an additional 4-8 years to allow Kanappa and Mt Rhine to be evaluated.
 
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