re: Ann: Project Secured Adjacent to 6.7Moz R... guys: any guesses as to what the revised JORC resource could be?
currently 1M oz at 1.5g/t cut off based on underground model
40,000m drilling since
my guess would be ~2M oz using 0.5-1.0g/t cutoff based on open cut model
If so, then that kind of asset for sub 20c company is seriously undervalued.
thoughts?
Ann: Project Secured Adjacent to 6.7Moz Rainy Riv, page-10
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