IRC 8.00% 13.5¢ intermin resources limited

Hi Donald ,many on this forum ST 78,Crom Valen & others incl....

  1. 682 Posts.
    lightbulb Created with Sketch. 51
    Hi Donald ,many on this forum ST 78,Crom Valen & others incl. yourself have far more knowledge and expertise than
    myself (I'm still learning)however what the hell no harm in anyone having a go.
    In broad figures what have we got so far ?-off the top of my head :
    We're talking gold at this juncture:
    IRC 562,000 ozs(Anthill,Teal(3rd stage),Anthill etc etc yet to come.
    Add say EGS * 171,000 ozs
    * let's assume we grab their 50% of the JV.
    MRP Boolara 507,000 ozs
    " Nimbus 78,000 ozs
    Total existing 1,318,000 ozs

    Potential additional: Anthill etc etc + Boolara
    we should in next 6-9 months not be too far from ~2m ozs.
    I would have thought that would be in the near term with much higher to go.
    MRP also have 20m ozs of silver (A$20 per oz).
    This doesn't take into account our vanadium !
    Add to this the rising price of gold in both USD and AUD terms.
    If the AUD weakens further WOW we could be looking at AUD $1,850 per oz.
    I would imagine JP could easily double the grade of Boolara as the 507,000 ozs
    is < 1 gt and recent MRP announcements seem to support that.
    Hopefully the geologists and other experts here can add their own opinions.
    Much to look forward to IMO.
 
watchlist Created with Sketch. Add IRC (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.