RE:WOWLOVE IT, this was a one two punch News Release this morning much better then the one last night!
Phil if possible could you explain in plain english these 2 paragraphs when you have a minute ...i know this NR contains lots of details that you love to analyze :)
1) This allows us to establish an increase of +103% in indicated resources for the Nampala property bringing the total to 869,000 oz compared to the last Mineral Resources estimate (MRE2019). The Company will file an independent technical report to support the updated mineral resource within 45 days of this press release.
so did we just double the mine life from 3yrs to 6yrs ?
and
2)The mineral resource is not a mineral reserve as it has not demonstrated economic viability. Further metallurgical testing is required to analyze the economic potential of the mineral resource found in the transition and fresh rock zones.
Could you please explain this in more details
thanks bud
This is an amazing day, fueling more confidence into our future
GLTA
regards stud