What about the 48 meter 3.5 gram hole? What about WFC325-003 – 3.5 g/t over 48.6 m (including 7.9 g/t over 12.20 m and 6.3 g/t over 16.91 m and 20.9 g/t over 8.94 m including 119.6 g/t over 1.24 m);?
It is in a tightly drilled area so the vein width is an outlier, but the grade is not at all. If, if, such ore was found in a fairly small area as in a 20x20 meter section, how profitable would it be to mine? Let's say just 20 meters high and 20 meters wide, much less than the thickness of the vein there? And for the record 48.6 meters is astounding, only Comstock Mine comes to mind for wider veins at such grade.
As an investor these are the questions ask myself.
20x20x48.6 = 19,440 cu meters or 58,320 tons. At 3.5 grams = 204,120 grams X $41.29 a grams = $8,428,000. If you had continuous ore at such massive width the mining costs would go down a lot. Lets say 1.75 grams a ton cost. So about $4 million profit. That is excellent, but shows how ore like in 071 is so fantastically profitable to mine. Per cu meter 071 is about 10 times more profitable even though 003 is excellent.