It's true, these types of mines really had LOM's above 3-4 years, but some were mined for decades. Norseman is a good example of that, mined for 65 years and 5.5mill oz produced. Rarely had more than a few years in reserves.
From the geologists report on Rothsay, the conclusion was that all sears are equally perspective for mineralisation. There was nothing special about Woodley/Woodley East compared to the other shears. It is highly likely the other shears host significant mineralisation at depth.
At least now we will soon find out, I've been waiting for this moment!
EGA Price at posting:
29.0¢ Sentiment: Buy Disclosure: Held