Yes the 3.7m is the width. The mining width will vary with width of reef and spurry veins and the grading of the ore so that minimal dilution of gold ore is achieved and mining costs minimised. Figure 3 shows an overhead view of the mined tunnel showing changes in width.
Obviously the original mining plan has been modified as this untested high grade ore shoot is being pursued. I am sure it is an exciting time in the offices of ORS as most mining projects are based on pre drilled targets and budgets. This additional high grade ore will obviously changes the economics of Maldon and the fortunes of ORS and holders.
I am certain the share issue will be oversubscribed.
ORS Price at posting:
6.4¢ Sentiment: Hold Disclosure: Held
