GREY:NEVDQ - Post by User
Comment by
Notgnuon Oct 23, 2021 2:17pm
156 Views
Post# 34040956
RE:My bet is future
RE:My bet is futureImportantly, I expect not only the reserves (and resources) to increase but it is likely that drilling in the North of the North pit expansion area (due to land aquisition since last drilling) will increase the average grade. That area hosts some massive long and high grade sections and it was stopped due in part to running up against the old land boundary at the north end.
Further to that the Tedeboy area looks like it may be a huge oxide deposit that is / will be very economic.
Cheeers,
N.
my69z wrote: Increase of 30-50% in reserves. Simply too much land for it not to happen. I still laugh when i watch webinars being excited about "intending", to prove a billions tons over the next 2-3 years & then starting the rest of the build-out process, etc., while referring to themselves as "significant". LOL....ok. Glta!!