SRK considers that the gold mineralization at the GP Deposit is amenable to open pit extraction. SRK used a pit optimizer to determine those portions of the modeled mineralization that show "reasonable prospects for economic extraction" by an open pit. Analysis of optimization results suggests that it is appropriate to report mineral resources at a cut-off grade of 0.21 gpt gold. The mineral resource statement prepared by SRK includes all modeled blocks above the cut-off grade that were located within the conceptual pit envelope optimized considering all model blocks irrespective of their categorization. Blocks located outside the conceptual pit envelopes and outside the property boundaries were not categorized.
The GP Deposit remains open to the northeast and southwest and at depth. Step-out drilling targeting this trend may present an opportunity to increase the mineral resource.
right after the ni-43-01 report brought the buying on from the major investor