RE: Equivilent """"Significant scandium mineralization was encountered essentially throughout drill hole KZ12-12. The assays over the entire length of the hole, 198.20 metres (650.25 feet), averaged 0.23g/t Au and 32.67 g/t Sc. Scandium enrichment is not visually detectable, and the hole was terminated while still in a scandium-rich zone.
- The 2011 prices for scandium oxide Sc2O3 of 99.999% purity is reported at US$5,200 per kilogram or US$5.20 per gram (USGS Mineral Commodity Summaries, Scandium 2012)."""""
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( Here is my estimate of the gold equivalent)
-Scandium is selling for approximately $5.20 per gram according to Google, so 32.6 gms per ton of scandium equals approximately $170.00 per ton of scandium credits-
-Gold is selling for approximately $60.00 per gram, so the gold equivalent would be about 2.8 grams per ton-
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Therefore 2.8 grams over 198 meters which is a whopping hole............