EAR 0.75% 33.3¢ echo resources limited

Ann: Orelia Soars to 1.1 Million Ounces of Gold, page-18

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,096 Posts.
    lightbulb Created with Sketch. 69
    Been watching a long time, and they are moving in the right direction now as a company.
    However, figure 6 & 7 suggests this needs to be mined as an underground like Lotus. Huge lateral stripping required for open pit mining given the geometry shown.
    At an underground relevant cut-off, say 3.0gt (not 0.5gt or 1.0gt) I wonder what the resource would have been? 600koz? That the reduces the potential future reserve.
 
watchlist Created with Sketch. Add EAR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.