PINL:VLTAF - Post by User
Comment by
Gowest-Klondexon Mar 17, 2012 5:22pm
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Post# 19685726
RE: Hole calculation!
RE: Hole calculation! As I pointed out earlier, that hole is not only important because of the length and grade, but because of it's position. They've found more gold in an area that hasn't been drilled before. The hole to the left was an intercept of 153m @ 1.57g/t so that area is a rich source of mineralization that will only grow.
On the new resource, I agree. We're looking at five million plus. What I'm more interested in at the moment is the IRR in the PFS. If we get a good number, that will only get better with Kiaka south, then we're going to draw a lot of interest. They're arn't many 5 million+ low strip ratio single pit deposits out there.