PGM7 May 2019 08:34
To increase ones figures from the estimated ones is great news...... watch this one IMO
We are excited to have accomplished both. The updated resource model at a 0.184% copper cut-off grade, as used in our April 2018 Preliminary Economic Assessment, has resulted in a 45.6% increase in Measured and Indicated tonnes with a 37.4% increase in contained copper, over 100% increase in contained zinc, 75.9% increase in contained gold and 69.6% in contained silver, with a combined metal value at current prices of approximately $800 million. We have an additional 4.3 million tonnes of Inferred resources, but only Measured and Indicated resources will be used for the purposes of completing a Bankable Feasibility Study.