Anyone else get a response to their email to NCM?1 Mar 2022 16:00
Here's my reply from Tom Dixon.
''Hi Matt,
My apologies for the delay in replying to your email.
The statement included in Newcrest's half year results reflects Resources and Reserves across the portfolio as at 31 December 2021. The Havieron estimate included in that statement is the same as the estimate published on 12 October 2021 as part of the release titled “Havieron PFS Stage 1 delivers solid returns and base for future growth”.
A large part of the drilling in Havieron since the cut-off date for the resource estimate published in October 2021 focused on infill to support the Feasibility Study (FS). The cut off for this drilling data was scheduled to maximise the Indicated Resource inventory to be included in the FS. This is to mitigate the potential of the FS not reflecting as much of the resource as possible. Resource estimation requires thorough modelling, assessment and verification before reporting, therefore an updated Havieron resource estimate was not scheduled for inclusion in the 31 December 2021 Resources and Reserves Statement.
Newcrest intends to issue an updated Group Mineral Resources and Ore Reserves statement as at 30 June 2022 with its Full Year Financial Results, which will include a revised Mineral Resource estimate for Havieron. Newcrest reserves the right to issue updates to the market outside these dates.
We continue to have discussions with Greatland Gold regarding the additional 5% interest in Havieron and an update will be provided to the market in due course.
Kind regards
Tom''
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