2.6 g per cu meter (3.1 g / ton) is lowest grade The 2.6 g per cu meter is also obviously a very low estimate of the actual grade because it is based on the previous work in 1961, where the overburden was run through the process as well.
Since the drilling and conductivity surveys have improved the accuracy of the model, it has become clearer that there are several meters of overburden that contain next to no gold.
This means that if only the gold bearing till were considered in calculating the actual grade, it may be as much as 2 to 3 times the 2.6 g / cu meter number. Obviously not much point in processing material that contains little to no gold.
Another point that was made during the meeting was that the gold nuggets that are found on the property are basically 100% pure gold and can be sold directly, probably at a premium of possibly up to twice the going rate for gold, since they are collectors items.