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@Geodan Here is the PR today on new bonanza hit of 3200 oz www.rncminerals.com/...
This high res https://prnewswire2-a.akamaihd.net/p/1893751/sp/189375100/th…
Shows in just 100 meters of tunnel (Not stoping/mining) to set up for mining they hit 1,500 oz , 30,000 oz, and 3,200 oz of bonanza grade gold. Very positive development. That drift/tunnel is on the bottom of the planned stope. If the entire stope is as good as the bottom border, yikes that would be like 300,000 oz possible of bonanza grade on top of the bulk for just 1 stope that would take maybe 4 months? to do. As said this is very encouraging. And the bottom of stope is 15 level, and it you look at the above level (14) just to left of top of planned stope on level 14 there are two bonanza hits, 1,800oz and 866oz . Another good sign that stoping from 15 to 14 levels could be very good. Huet said it would be late Q4 to Q1 for the stope, can not wait.
This also means October will be super profitable. 5,000 oz of bonanza ore so far that will be credited to Oct even though first 1,750 oz was in late Sept. At $1475oz that is a $7.4 million USD dollar bonus for Oct on top of expected $12.5 million or roughly $20 million USD October, so far. Maybe they will hit more. The percent of this stope bottom that is bonanza grade so far is wonderful, but might even get better. Of course the stock loved it.
Cheers
 
aus der Diskussion: Karora Resources (ehemals RNC Minerals) nimmt den Handel unter neuem Namen auf
Autor (Datum des Eintrages): Anders-And  (17.10.19 21:01:48)
Beitrag: 4,416 von 5,214 (ID:61713650)
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