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Antero Resources Corp T.AR


Primary Symbol: AR

Energy Oil & Gas E&P
Antero Resources Corporation is an independent natural gas and natural gas liquids (NGLs) company. The Company is engaged in the acquisition, development and production of unconventional properties located in the Appalachian Basin in West Virginia and Ohio. The Company targets large, repeatable resource plays where horizontal drilling and advanced fracture stimulation technologies provide the means to economically develop and produce natural gas, NGLs and oil from unconventional formations. The Company operates through three segments: the exploration, development, and production of natural gas, NGLs and oil; marketing of excess firm transportation capacity; and midstream services through its equity method investment in Antero Midstream Corporation (Antero Midstream). The Company holds approximately 515,000 net acres of natural gas, NGLs and oil properties located in the Appalachian Basin, primarily in West Virginia and Ohio.


NYSE:AR - Post by User

Antero Resources Corp > 2023 Magino reserve expansion program
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Comment by ARGONAUTGOLDon Sep 24, 2023 6:01pm
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Post# 35651421

RE:2023 Magino reserve expansion program

RE:2023 Magino reserve expansion program

2023 Magino reserve expansion and

exploration potential..



Magino's Mineral Reserves and Resources as of September 13th, 2022.

 

Measure and Indicated Resources 4.019 Moz. Proven and Probable Reserves 2.427 Moz.

 

TOTAL OUNCES: M & I and P & P 6.446 Moz.

 

TOTAL TONNES: M & I and P & P 214.1 Mt.

 

TOTAL DRILLING: ~130,000 m

 

57% of 214.1 Mt is 122.037 Mt.



2023 Magino reserve expansion and exploration four different possible scenarios..

 

Average gold grade of 6 g/t and 122.037 Mt is 23.544 Moz

 

Average gold grade of 3 g/t and 122.037 Mt is 11.772 Moz

 

Average gold grade of 1.43 g/t and 122.037 Mt is 5.611 Moz

 

Finally..

 

Average gold grade of 1.15 g/t and 122.037 Mt is 4.512 Moz

 

The company is currently anticipating their Reserves to potentially increase by 1.573 Moz to 4 Moz..
 

https://s22.q4cdn.com/115151820/files/doc_presentations/2022/09/AR-CorporatePresentation-SEPT2022-FINAL-WEB.pdf


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