Proven and Probable (as of October, 2021) The feasibility study included the first estimate of mineral reserves (open pit) and updated the total estimate of mineral resources (open pit & underground):
Proven & Probable Mineral Reserves (open pit): 6.5 million tonnes at 1.93% Cu, 2.52 g/t Au, 46 g/t Ag, 2.49% Zn, 0.2% Pb (not the highest grade, but a little misleading as tonnage makes up for low grades... will be higher grade pockets when averaged out... these larger deposits usually are slightly lower grade than smaller more intense deposits... and in the longterm more profitable...longer mine life .... but require more capital to get up and running)
Proven: 3.1 million tonnes at 2.50% Cu, 2.83 g/t Au, 41 g/t Ag, 2.30% Zn, 0.2% Pb
Probable: 3.3 million tonnes at 1.39% Cu, 2.23 g/t Au, 50 g/t Ag, 2.67% Zn, 0.3% Pb
Underground Mineral Resources:
Indicated: 1.9 million tonnes at 2.72% Cu, 1.37 g/t Au, 31 g/t Ag, 2.38% Zn, 0.14% Pb
Inferred: 0.8 million tonnes at 2.31% Cu, 1.74 g/t Au, 29 g/t Ag, 2.68% Zn, 0.11% Pb
Total Measured & Indicated Mineral Resource (open pit & underground): 9.0 million tonnes at 2.11% Cu, 2.36 g/t Au, 45 g/t Ag, 2.59% Zn, 0.24% Pb
Measured: 3.2 million tonnes at 2.61% Cu, 3.03 g/t Au, 45 g/t Ag, 2.50% Zn, 0.24% Pb
Indicated: 5.7 million tonnes at 1.83% Cu, 1.98 g/t Au, 45 g/t Ag, 2.64% Zn, 0.24% Pb
M+I: 9.0 million tonnes at 2.11% Cu, 2.36 g/t Au, 45 g/t Ag, 2.59% Zn, 0.24% Pb
Inferred: 1.1 million tonnes at 1.72% Cu, 1.62 g/t Au, 32 g/t Ag, 2.18% Zn, 0.14% Pb
Should look nice with more exploration to up the P&P