how much mineral? estimating previous drillings by atico at el roble mine gave numbers in the range of 2m MT with average grades of 2.5 percent copper and say 2.5 grams gold. A nice aspect of these already god grades is that the Ganozas are miners not just explorers or developers, and taking the plan to a 1000 MT per day operation seems something within their expertise. A Q on Colombia, true, but this was in a mining base. It is a query for upgrading. The additional 190 meters with grades doubling the earlier are just out of the ordinary, and they are adding tonnage. But How much? 190 meters deep but which is the estimated volume?
If the body is 1 mMT the grades being double, the doubling of shares is well justified. Previously, I had drawn Valuation of a 1500 MT day mine operation of 5 years, and got sales of a gross 700 million dollars, using 1300 dollars per ounce of gold and 2.5 for copper pounds. Now this will be just double or more. Before they get into the economics, it seems a rich, very rich case for a case requiring reasonable CAPEX and initial investments in a gradual development. Pan comido for experienced miners. The tunnels into the new body are already there.