Market hasn’t digested these comments to YET LOL15 Aug 2022 22:06
The results of the updated Mineral Resource have shown a significant increase in the quality of the resource at Kilimapesa Hill. We are very excited to find and prioritise the next sources of production to complement the growth on Kilimapesa Hill and the existing mining licence. The positive results in the earlier MRE update have further strengthened the Project team's confidence and justifies our decision to expand production at Kilimapesa to 24,000oz per annum. The ounces contained in the Measured and Indicated category are now able to be converted into reserves for the mining and processing plant.
"We are looking forward to seeing the results come in from our regional exploration programme, especially the Vim Rutha target which is currently being drilled.