RE:RE:Underground Gold Resources versus Oxide ProportionReviewing the drilling history at Selinsing, its apparent that little in the way of deep underground drilling has been done since 2015.
In fact, the Sulphide Feasability study does not involve underground mining per se, but rather, as the pits are already deepened to basement granite sulphides, blasting their way down through the pit floors.
Its also a rule of thumb that grades increase with depth.
The reality is that little in the way of deep drilling of sulphide potential beneath Selinsing pits has ever been done.
We know of 130,000 ounces of shallower Inferred sulphides within and between the pits but even that has not been drilled to Indicated Category for including in the Biox economics.
Once again, we see the lethargic disinterest of current management in advancing shareholder value, as the share price has no significance to their personal incomes.