Oh... i missed that... looks like MYL might still possibly have problems with the ASX because the above resource estimate does not appear to be Indicated and also includes tonnage below 750 metres deep
Personally, since this is supposed to be an open-cut mining project, I am only interested is shallower part of deposit that has Indicated JORC
Some of the recent drill results were below my expectations; which appear to be fulfilled with the Indicated JORC
The new Mineral Resource estimate will be used to complete an updated Scoping Study, expected to be completed by mid-June.
MYL Price at posting:
5.6¢ Sentiment: None Disclosure: Held