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Massive upside to FMAN MRE...
Pit depth is less than 100 meters which is quite shallow and is open in all directions which is why very limited infill drilling was so successful in advancing MRE ounces.
The deposit remains open to the north (1.23 g/t over 36m; (FG22-034C), ..South (1.22 g/t over 38.59m; FG22-050C and 5.95 g/t over 9.14m; FG22-022C), ..and west (0.61 g/t Au over 66m; FG22-011C). This is an orogenic deposit which will have economic grades down to 1000 metres or more......Hard rock high grade lode gold. Its also very sensitive to cutoff grade...grades increased to 1 gram from 0.8 gm when cutoff was raised from 0.2 gm to 0.35 gm. Should be no problem to high grade at 2 gms per ton or more by higher cutoff. We shan't last long in the market and especially so if we walk up the isle with NKG. Orla, Centerra, IDR , Agnico et al must be drooling.. AIMHO GLTA
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