KRM 5.71% 3.3¢ kingsrose mining limited

Ann: May 2019 Investor Update Presentation, page-11

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    I'm digging deep to see where is the potential upside for the Way Lingo project development.

    1. Slide 7 only indicated the gold production but It didn't state the buck of silver production.
    Gold produced in March 2019 was 5,471 oz
    Silver produced in March 2019 was 45,641 oz

    2. Looking at its previous March quarterly report 2019
    Tanglang Santo. Dec 19. Mar 19. Total
    Ore mined page2 . 4603. 8020. 12,623
    Ore mined open pit page 4 952. 2017. 2,969
    Way Lingo page 2. 12,318. 13,839. 37,440
    Way Lingo page 5. 3,556. 5,471. 9,027

    Combine the figures out of page 2 and page 5 I would say the buck of ores are lying from previous underground mining for both Way Lingo and Tanglang Santo mines.

    I am sure the underground expansion in Tanglang Santo will show us a significant upside for the measured resources.

    Be careful shorters


 
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