Drill Baby, DrillSouthern Legacy proved up 300 M tons of ore on just 60,000 feet of drilling. That's an incredible success rate, working out to 5,000 tons per foot drilled! Kinda hard to believe actually.
Regulus now has enough money in the till to drill many times that amount if they so choose.
And just 25 miles away the La Granja deposit has a phenominal 2.8B tons of ore (not quite as valuable by grade as ours). That's almost 10 times our resource to put potential in perspective.
When Regulus aquired Southern Legacy, John Black commentated "we are confident that we can prove up sufficient additional reserves to be of interest to a major mining company'.
As Homer would say: Well, duh!