RE: Wombat , Tailings and registered address.10 Feb 2026 10:52
When UFO did an assessment of the tailings in 2021 they stated, "Alien’s preliminary assessment indicates that there remains about 16,000 tons of silver tailings on site".
"The samples returned an average grade of 472 g/t Ag (13.3 oz/t Ag)"
Therefore 16,000t x 13.3oz/t = 212,800 ounces of silver.
So over $21M profit can potentially be made from the tailings alone when silver is back to $120/oz.