“Makuch emphasized that it is the 34% increase in the Fosterville Mineral
Reserve grade that is driving the million-ounce revised production
guidance. He also praised the effectiveness of the infill drilling
programs both at Fosterville and Macassa, the latter in Canada.”
- At Fosterville P+P reserves are down 610,000 oz.
- At Fosterville P+P grades are down from 31 g/t to 21.8 g/t
- At Swan, reserves are down from 2.34m oz to 1.56m oz
- At Swan, reserve grade is down from 49.6 g/t to 38.6 g/t
PS: Just imagine how much KL would be down today if they hadn’t bought DGC.