DRM 1.80% 54.5¢ doray minerals limited

Just to add to the previous post this is what caught my eye: :)...

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  1. 502 Posts.
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    Just to add to the previous post this is what caught my eye:
    Deflector producing 43% more gold than the previous plan outlined 12 months ago.

    Sizeable increase in Deflector’s Mineral Resource of 34% during FY18
    Company’s increased exploration investment (10 million FY 19)
    target of 100,000 ounces with a five-plus year mine life
    At all-in sustaining costs (AISC) of less than $1,000 per ounce.
    All in one paragraph......Doesn't get much better than this.......................


    “This improvement in production extends across the recently updated Life of Mine plan, which shows Deflector producing 43% more gold than the previous plan outlined 12 months ago.” Mr Junk confirmed that the sizeable increase in Deflector’s Mineral Resource of 34% during FY18 and the Company’s increased exploration investment would provide the strategic foundation to deliver on Doray’s “Target 1-5-1” goal of annual production of 100,000 ounces with a five-plus year mine life at all-in sustaining costs (AISC) of less than $1,000 per ounce.
 
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