RE:RE:RE:NEWS -- DRILLING RESULTS
My main takeaway from the extreme grade (>429 g/t) intercepts is that they have almost doubled since the effective date of the resource estimate which I believe is November 20, 2012.
Obvously some of these intercepts would have been due to infill drilling to prove continuity or to move the resources from the Indicated to Measured category, but some would have been new unexpected intercepts or targeted expansion of suspected vein systems. I would guess that PVG would split the drilling 50/50 between proving up the reource and deposit expansion drilling.
Since the total ounces in the latest resource model showed 2.4 M oz for VOK in the extreme grade range (Table 14.12), I am guessing the next resource estimate will add at least another 1 M oz from 2013 extreme grades intercepts alone.