Levshares 3X Nvidia Etp LVNVF

Grades

[Runner5]

They didn't publish the grades at each cut-off level, so I did a few calculations:

Cut-off     Indicated                                        Inferred                                    Total
$6            521.56Mt @0.88g/t AuEq            200.85Mt @1.00g/t AuEq      21.2Moz AuEq
$10         315.11Mt @1.07g/t AuEq            190.32Mt @1.03g/t AuEq      17.1Moz AuEq
$15         170.72Mt @1.45g/t AuEq            65.48Mt @1.80g/t AuEq         11.8Moz AuEq
$20         100.14Mt @1.75g/t AuEq            42.06Mt @2.23g/t AuEq           8.7Moz AuEq


At the low cot-off of $6, the grade is still fairly high (close to 1g/t). At the high cut-off of $20, it's still a sizeable deposit.

R.