What if the missing ounces were on account of actually mining the high grade? The market would shat to the upside. But that is too simple. Right?
This report was undertaken in order to make current all mineral resources deemed to be within the Rice Lake project area, to account for mining adjustments and to upgrade inferred resources at the 007 zone. The resources are summarized...
Then - April 2010
007 Zone
Indicated Mineral Resources 74,960 2.58 (88.4) 193,700
Inferred Mineral Resources 293,740 1.78 (61.0) 522,860
Now
007 zone
Indicated mineral resources 305,240 0.75 (25.7) 230,330
Inferred mineral resources 398,200 0.47 (16.1) 186,980