RE:RE:RE:RE:RE:RE:RE:RE:RE:Why is this stock not soaring on this???rob926 wrote: Hi thorgb1 good to hear from you. Do you think the total tonage of the UZ will excede the 65.3mt? The release seemed to imply a high % of that figure will be proved.
Rob can you provide the sorce of this info. The only source I am aware of is the PEA numbers that have but a fraction of your stated tonnage...
Upper Zone Mineral Resource
(March 2016)
Category | Grade Category % CuEq | Tonnes Mt | Grade | Metal |
% Cu | g/t Au | % As | Cu Mt | Au Moz |
Indicated | >10.0 | 1.2 | 15.5 | 12.4 | 0.21 | 0.2 | 0.5 |
1-10.0 | 0.5 | 8.2 | 5.1 | 0.27 | 0.04 | 0.08 |
Inferred | >10.0 | 1.2 | 13.2 | 10.5 | 0.20 | 0.2 | 0.4 |
1-10.0 | 33.8 | 2.5 | 1.4 | 0.17 | 0.8 | 1.5 |
Total - Indicated | 1.7 | 13.5 | 10.4 | 0.23 | 0.2 | 0.6 |
Total - Inferred | 35.0 | 2.9 | 1.7 | 0.17 | 1.0 | 1.9 |
1. The cut-off grade used for the estimate is 0.75% Cu.
2. All figures are rounded to reflect the relative accuracy of the estimate.
3. Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability.
4. The Mineral Resource is given on 100% basis.