Bhukia info from September 2020 presentation18 Nov 2021 10:50
Bhukia - India
? Bhukia is a very large gold system, located in Rajasthan,
India
? In 2014, the GSI reported a non JORC-compliant resource estimate
of 106Mt at 2.0 g/t gold and 0.15% copper (6.7Moz Au, 159,000t Cu)
? Based on limited PAT drilling, a current JORC- compliant resource of 38.5Mt at 1.4 g/t (1.74Moz Au) - following PL grant, anticipate materially lifting JORC compliant resource
? Preliminary pit optimisations indicate majority of the Inferred resource can be recovered via a shallow open pit
? Metallurgical test-work indicates not metallurgically refractory
? Current focus on resolving dispute with Government of Rajasthan to grant Prospecting Licence