GREY:ADEXF - Post by User
Comment by
rpdelucaon Oct 19, 2012 10:49am
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Post# 20502604
RE: RE: RE: RE: Tuktu 2 News
RE: RE: RE: RE: Tuktu 2 News I don't think anyone expected enough drilling to come up with an inferred resource. The first phase of drilling was not intented to deliver this. If Xinxing is satisfied with what comes up from the assays, they will proceed with another drill program starting in April. It is this program which will allow them to come up with a resource estimate. More time, more drilling since you are starting in April. Remember with DSO, you don't need hundreds of million tonnes in resources. If it's truly DSO, you can come up with even15 million tonnes and deliver 3 million tonnes on a yearly basis over 5 years. These are just rough numbers but with DSO there is very little processing involved so whatever resource you come up with is what you have to work with...