Underground is questionable because grade differences could make it uneconomic. To my understanding the underground is slightly affected by the wrong model for Smarts meaning grade could be 25%-35% lower. It is sitting right below Smarts 2 where the n/s veins lead to 50% or up to 100% more grade/tonnage. My bet would be that grades are maybe slightly higher than the model says. But really more drilling (diamond core) and an updated model are needed.
TRY Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held
