LONG WEAK INTERCEPT VS SHORT RICH INTERCEPTReviewing the silver intercepts from - konkin to del norte -
it's hard not to make that comparision between what a 30m drill intercept looks like when compared to - top - mid tier gold explorer's nearby
seabridger grades are around = .30/g/t - .40.g/t with 100m - 300+m intercepts.
low grade gold over long intercepts = lots of waste ore to process.
What would a Del Norte's - 30m intercept with 3.5/g/t look like if converted to lower grade gold - then compared to - seabridges ?
12 ~ 3.5/g = .29/g/t
12 x 30m = 360m
= 360m @ .29/g/t ( same bracket as a seabridge )
Thankfully... Del Norte has richer grades which means, less waste rock.
Sometimes these long intercepts of gold, @ 1/3 of a gram look good, but, a tight constraint
ore body with higher grams makes it less work and costly to mine = more profits
Whole new persepctive when looking at what a 30m intercept with 3.5/g looks like
when compared to, peers.
';ll take the 30m @ 3.5/g/t intercept anyday...lol...
Now... that wasn't even including Del Notre's - copper + silver values.
Seabridge's drill reference -
https://www.globenewswire.com/news-release/2016/08/30/867975/0/en/Seabridge-Gold-Drill-Results-Expanding-Prospective-Deep-Kerr-Mine-Plan.html