HAZ 0.00% 4.0¢ hazelwood resources ltd

220 increase in m&i, page-6

  1. 14,562 Posts.

    Another box ticked.
    The increase in Measured/ indicated is good as this is the basis for Proven/Probable for the ore reserve. Loosk like a 5 - 6 year mine life on this drilling, without any more drilling along the strike/dip. That will surely add more years!
    The grade/ cut off is similar to others , eg VML.
    The strip ratio is low so the cost of ore delivered to the ROM pad should be low.
    Ore reserve to come.
    Another box to tick, and then!
    DYOR
 
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