New Resource My math: could be close to this
58,000 metres of drill results =Indicated 1.1Moz and an Inferred 1.9Moz was published on 21 November 2022.
additional 108,370 metres in 2023 =(x2)Indicated 2.2Moz and an Inferred 3.8 Moz
Total for new resource=3.3 Moz indicated and 5.7 Moz inferred total= 9 millions oz.
This is a Tier 1 asset.
"2023-10-11 09:29 ET - News Release
Mr. Sebastien de Montessus reports
Following the definition of a maiden resource last year, we are thrilled with the drill results obtained so far this year, as they reaffirm Tanda-Iguela's potential to be a tier 1 asset.
What is a tier 1 Asset
"Bulyanhulu Gold Mine – North Mara and Bulyanhulu, which were moribund gold mines when Barrick took over their management two years ago, delivered a combined production of more than 500,000 ounces1 in 2021, meeting a key criterion for membership of the company’s elite Tier One2 portfolio."
GLTA