What a joke, they smeared a .5 meter intersection to 38.5 m
The news heading is entirely misleading, they state they drilled 6.2g per ton over 38.5 meters. Nothing could be further than the truth, the fact is they drilled 373 grams per ton over .5 of a meter and then spread that over 38.5 meters. The real results seem to be that
they got 238.7 gram meters of results, of which 186.5 gram meters was in that .5 meter intersection, another 11.3 gram meters was in a .9 meter intersection and another 7.4 grams meters was in a .8 meter intersection. This leaves 33.5 gram meters over the remaining 36.3 meters of drill core or less than 1 gram per ton over the unmentioned 36.3 meter length.
So the truth is they do not have 6.2 g per ton over 38.5 meters, they have one exceptional high grade narrow interception at a depth of 172 meters which could only be mined underground with considerable grade dilution as the actual mine width would have to be much wider than .5 of a meter. I do not trust management that gives out such misleading news and am not a buyer of the stock. I only post this as there is no point letting my research go to waste.