Banyan Gold Corp at Cambridge House International Vancouver Resource Investment Conference Transcript
All right. Thank you very much, and thank you to all you shareholders in the room. I appreciate that. Our news release this morning was announcing our new inferred pit-constrained resource of 4 million ounces at 0.6. So a very substantial resource upgrade for us from 900,000 that we had up to this point. That was including 40,000 meters of drilling, added 3.1 million ounces over two years. So pretty nice to see that we're able to achieve that with a pretty modest amount of drilling, and it really sets us up well for this year.
So just for the metrics for those of you, we've just started. We're well into our 2022 drill program with over 17,000 meters drilled and planned for around 30,000 meters to 35,000 meters this year, so targeting what we think is higher grade at our Powerline resource. But really what do you need to be a Tier-1 asset which is what our goal is. To become a Tier-1 asset, which for those of you that know majors, for them to classify it as a Tier-1 asset, you need to have 5 million ounces, needs to be economic.
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