RE:RE:THC Presentation - June 23, 2022Direct talk is this - the only thing that matters is reaching 700 million tons of good (greater than .4%) ore. Thats it. As Oroco is near serface, the cost will be among the lowest of the new mines that have similar grades. All we need is enough good tons to support a large mill for 20 years.
The IP mineralizatin is impressive and the game is (1) increasing the North Zone tons (2) adding South Zone tons an (3) adding Brasiles tons. Thats it. North zone is about 300 million tons at grade above .4% and if the cutoff is reduced - it is 400 million tons at .4%.
So, if Brasiles only adds100 or 200 or 300 million tons - it is a winner.
Between all three zones - North, South and Brasiles this project can easily exceed 700 million tons.
This is the game - nothing more and we sell for a very nice price.
Cheers