TSXV:AUN.H - Post by User
Comment by
Lifexprton Jan 26, 2022 8:28am
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Post# 34361403
RE:Current reserves not good basis ?
RE:Current reserves not good basis ?
It's a 6.5 year mine life as per initial assessment. Alimak lift completion will allow for further exploration all the way from level 2000 to level 1200. As of now the grades are much higher than anticipated on average 83% higher than feasibility plan. We can estimate the mine will produce almost twice as many ounces as planned. You are seeing grades in excess of 1000 grams per tonne (even approaching 2000 in some veins) for lengths of 70+ feet. They need to start mining quantity as quality is obviously there. Wait until May/June once that lift is ready.