RE:help with interpreting a FVL table I think on a second look, I understood it better, those tables are the estimates using the drill data from current drill results and so on on the property,
They are not seperate areas of the property all in different grades and cutoff? its a table of the overall grade and cutoff. So if the prices increased to around 10000 an ounce then basically the cutoff could all be used and it wont be 50-60 million indicated resource estimate from that current data above,
It will be more like total 18,260,000 ounces indicated total,
and then inferred at present data from above 18,833,000 ounces,
So if I am correct and gold prices increased to a level where 0.15 cutoff was viable, then the above is the resource indiacted and inferred?
It seems from previous news releases that the FVL team want to drill that western zone much more and add many more ounces, there seems to be alot of land left to drill on this property when I looked at the maps although I am no geologist!
Any way wonder if others can correct me where needed , thanks all