Chart perking upBut still very light volume. What is encouraging is the lack of sellers, it seems not many are willing to dump with more assays due in the next short while. And those last ones opened some eyes.
Having 10 gpt GOLD near surface with all the other associated metals, made for some very rich ore near surface, and more importantly , next door to Teck's operating Duck Pond MINE.
PGR's news release was NOT a one hole wonder.
I went over the assays , and even after the takedown in the metals, AT TODAYS BEATEN DOWN metal values
Hole 59 -30.4 metres is valued at 351$ per tonne
Hole 61 - 27.4 metres ...389$ per tonne
Hole 62- 10.3 metres ... $1,112.36 per tonne
Hole 63 -18.6 metres ... $488 per tonne
Hole 65- 7.5 metres ...$654 per tonne
Hole 68 - 8 metres .... $617 per tonne
The holes were very shallow , range of 157 mtres down to 266 . That is open pittable depth, but the grades easily good enough for underground. Tecks Duck Pond is mining under ground currently, with about $ 300 per tonne average rock at todays prices. 2011 average grade at ducks pond underground mine is 2.8 % copper and 4.6% zinc