RE: Bonanza grades26 Jun 2020 14:17
based on the section below taken from rns do we roughly have roughly 8 tonnes of gold say at $2000 an oz where experts predicting it is going totaling $514M or am I completely wrong?
Yanfolila produced its first gold pour on time and budget in December 2017. At 31 October 2019 Yanfolila has a 7.9Mt of Reserve ore @ 2.66 g/t for 676,000ozs gold. At 31 March 2019 Yanfolila had a total Resource base (inclusive of Reserves) of 28Mt of Ore @ 2.23 g/t for 2,005,300ozs gold. The Kouroussa Gold Project has a Resource base of 1.18Moz @ 3.08 g/t, which will be fast tracked to production, adding an additional c.100,000 oz of gold per annum to its production profile. Hummingbird also has a controlling interest in the Dugbe Gold Project that is being developed by ARX Resources through an earn-in agreement. The Dugbe Gold Project has Resources currently totalling 4.2Moz of gold