EXPM:HRTFF - Post by User
Post by
Flyhi2004on Jan 26, 2021 5:46pm
125 Views
Post# 32391666
Reserves n Resources
Reserves n Resources
Based on the Jan 20 release of the feasability study the updated modelling does in fact as stated increase the potential oz to mine economically.
The new model says 797000 oz in the " Probable mineral reserve"
Indicated mineral resource 1.1 MM oz
Inferred mineral resource .567 MM oz
Therefore as of Jan 20 release which superceeds previous released of Sept & Dec 2020 the combined potential oz is now 2.464 MM oz.
The reserve is the most accurately drilled to give a high probability of achieving this and it could exceed the total also.
The resources ( 2 ) require further drilling to prove up and place into reserve category.
The point I am making is the total potential oz in the deposit to date is 2.464 million oz's.
Much more drilling is required to convert the known resource at sugar and middle zone and find more gold at depth or length and drill anywhere else on the property to increase the oz's also.
This is my read on our present high potential oz's already identified. 2.464 Million oz deposit so far.