Oh, and for those with time to kill.Beatons Creek tech report...

Oh, and for those with time to kill.

Beatons Creek tech report Nov 2018

I noticed that Novo has continued to slowly progress Beatons creek to the north of MOYs plant.
They have over 600k resources now, with a grade of over 2g/t, all open pit, albeit they are still a way off getting enough gold to justify a stand alone plant, although of course Novo talks it up.

A shame that MOY sold the asset off when it was so close to insolvency, but them's the breaks.
I wonder if Novo would be happy to sell it back to MOY? That would add 50% to MOYs resources and likely enable them to add another 200k of reserves without too much extra cost.

In saying all that, if it was indeed a deal under consideration, I guess it would have already occurred, instead, MOY have proven they are able to utilise their own assets. 

Going from the old presentations, when the sulfides were deemed un-treatable with the plant, reserves dropped by 300k or so, which I assume means that in time, MOY will indeed be able to prove much of that up again, which in turn leads management to feel confident to target 500k reserves by the end of this year.