When evaluating these juniors nearby comparables are useful. The San Martin mine has the same geology and went into production at 4g/t gold equivalent and even now has a average grade of 3.2 and cuttoff grade of 2g/T equivalent. The closest AMM came to this in there maiden resource is their 1005000 ounces at average grade of 2.87g/T with a cutoff at 2g/T.

Therefore the only close to economic scenario is the not the headline 3.57 m ounces indicated and inferred but smaller 1 m ounces i+i with the 2 gm cutoff.