I've had time to go over the announcement again and look at the estimated resource
The consultants 'low-ball' estimate for Calypso is 2.9MT @ 1.62 g/t leading to an estimate of 153,000 Oz of contained gold The high-ball numbers are 3.9MT @ 2.2 g/t leading to a figure of approx. 282,000 Oz contained gold I guess the answer lies somewhere in the middle at a bit over 200k Oz That's nothing to sneeze at. The target remains open with the consultants giving Calypso a high priority ranking More work needed to bring this up to JORC
TNR Price at posting:
2.2¢ Sentiment: Buy Disclosure: Held