re: resource now 1.5 mill ounces gold Hi Boo,KMN's San Anton...

re: resource now 1.5 mill ounces gold Hi Boo,

KMN's San Anton project is not comparable to ADU's.

KMN only own 51% of it (but can earn up to 75%) cf ADU's 100% ownership.

KMN's 9.7 Moz (gold equiv) gold resources is VERY low grade (0.3 g/t gold, 12 g/t silver and 0.1% copper). There is no way under the sun that those grades can be mined with current mining technology. The higher grade resource of 4.5 Moz (gold equiv) is horribly low grade - 0.49 g/t gold, 17 g/t silver and 0.13% copper.

ie KMN are trying to spruik a gold grade only 25% of ADU's.

KMN need to do a shite-load of more drilling AND use a cut-off grade that is twice as high as they have been using - then they may have a realistic mining proposition.

R/happy