RE: NEWS *** Updated Reserves from LundinI just computed the numbers from the updated measured, indicated, and inferred resource calculations provided in today's release--and they increase the amount of silver resources SST acquired in the Lundin deal, to 207.6 million ounces. That's an increase of 44 million ounces from what was stated before (163.6mm ozs.), or +27%.
So, now, even WITHOUT taking into consideration any resource numbers from CS's Cozamin mine (new calculations of which ought to be forthcoming soon) or from SST's own Copala property (which may also come sometime this year), we now are a company with more than 200 million ounces of silver resources. Who knows? We might hit 300 million ounces this year.
Look at the change with SST in less than a year. We had what seemed as a virtually inactive silver explorer, with almost no money to explore their highly prospective properties. Now, we have a company with in excess of 200mm ounces of 43-101 silver resources, cash flow, the money to aggresively drill their properties, and a fantastic future.
Bravo, SST.
GLTA!