yesterday's announcement and Rick's audio suggests that the initial JORC resource is only the beginning.
Listening to the audio summary - 4 rigs going uninterrupted - New intercepts on existing resources, extending the existing resource - JORC was interim resource - Upside will be a) extensions on known veins b) New zones, potential similar results - 70% in first 50m - 40% in first 20m high grade of 3gm/tonne - Very good economics - 9000m yet to analysed and to be announced - 6000m to be drilled - Monthly announcements from now on
Sounds to me they are expecting well over 1 million oz, cheap to mine, cheap to transport.
40% in first 20m - heck, we could almost get a few dozen men with some shovels, pans and a river and dig it up the old fashioned way Zaaro
CHZ Price at posting:
35.7¢ Sentiment: Buy Disclosure: Held
