GREY:RNKLF - Post by User
Comment by
factRbeston Sep 19, 2018 6:36pm
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Post# 28651259
RE:RE:RE:RE:RE:currently in CONSOLIDATION phase, until next news... expect
RE:RE:RE:RE:RE:currently in CONSOLIDATION phase, until next news... expectaerialview - (9/19/2018 6:22:28 PM) RE:RE:RE:RE:currently in CONSOLIDATION phase, until next news... expect So you asu,e that the oz. per tone ratio goes to zero between these so called "Livong rooms" Facts?
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Not zero back to the background grade.
They have 12 quarters of results and regularly issued presentations on their webpage with mining output detail.
Basically what some are saying here is everything changes for here going forward. I say everything stays the same.
3 high grade zones have been found. This one being the largest by far. After the previous two were mined the grade returned to background levels.
In the presentation from the 11th their is a slide with drill hole results. On those are the thickness and the grade.
As I pointed out a few days back. The orginal high grade discovery had nearby drill results of 20 and 30 g/ton and that deposit ran out. The drill results around this deposit are mostly single digit g/ton.
EVERYONE CAN CHECK FOR THEMSELVES.
FYI - I did not make that side, RNX did.
I will add.
the backround levels suck. That why I agree with the engineers who wrote the PEA that the property needs to be properly drilled. They have a very defined target to drill so the costs would not be high and far less than mining to find the next one.