PIR 0.00% $1.49 papillon resources limited

diggers and drillers, page-10

  1. 1,031 Posts.
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    Granted the Banfora project is good but their talking four separate deposits at a lower overall grade, 3.6Moz at 2g/t compared with Fekola so far already 3.14Moz at 2.4g/t in one shallow deposit! PIR have only started to drill out the Fekola deposit and there's more targets within the tenements to also test down the track.

    I guess the higher cost per ounce relates to the expectations of what might eventuate over the next 6-12 months. I think by then the true scope of what PIR have will be well known..

    I didn't add the low grade heap leach material to the banfora 3.6Moz total as this is not what we're discussing here.
 
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