What an amazing run from 25...loving the technical chart and I think we are due for a substantial resource upgrade. Would like to see EGA base around 0.30 now leading into the resource upgrade
The recent drill results on top of reduction in cut-off grade will have a substantial impact.
If we look at the current 307 KOz inferred amount, this is based on a cutoff of 5.0g/t Au.
“This provides the opportunity to increase the production rate of the underground mine, increase the ounce per annum profile of the project, reduce the operating costs and consequently reduce the Resource cut-off grade.”
GLTAH!
EGA Price at posting:
30.0¢ Sentiment: Buy Disclosure: Held