RE:Sigma resource 2.5mil ozsWhen Micon completed the NI 43-101 they were in a time crunch to sell the Sigma property. Micon stated that spending time going through the Sigma below pit area drill data could increase the RE. This is what ICG has been doing. Perhaps some of the 1.8M oz. will be moved to the indicated amount from the inferred.
The potential for >1.6Moz was in the Main Plug and West Plug of the Lamaque Mine per Micon. This is part of the Lamaque Deep area. This 1.6M oz estimate is not included in the Sigma RE from what I can tell.
The Sigma/Lamaque Report from Fall 2013 says production of 120,000 oz annually could be achieved in a fairly short period of time.
Combining the above production with the Triangle production could exceed 200,000 oz easily. This is why the coming RE for Triangle and Sigma looks so promising.
But this coming RE will not include Lamaque Deep where Micon says there could easily be 1.6M oz.