There's a difference between rock chips mineral content
and actual meter tonnage mineral content.
What could be a cherry picked " chip " vs mineral consistency
at depth per cubic tonne.
But.... let's play suppose. Using MGX's top 3 minerals ( Cs, Rb, Li )
GC Claims " chip sample " % mineral content Cesium - ( 0.1% ) = 1 kg or 2.2 lbs ( Cs spot - $372/kg $372,000/t )
Rubidium ( 0.35% ) = 3.5 kg or 7.7 lbs ( Rb spot - $3,200 oz )
Lithium - ( 1.04% ) = 10.3 kg or 22.8 lbs ( Li2CO3 spot - $47/kg - $47,000/t )
As one can see, using a treo value ( total rare earth oxide )
value can pack a punch in mineral value.
GC Claims assay values ( reference ) https://live.staticflickr.com/65535/52990007863_742a46fbda_z.jpg Was thinking about the " portable drill " deemed authorized
and the what if - mgx decided to run this path...
Some investors are not into shallow drilling, but i myself,
would accept it with open arms knowing mineralization is
right at surface.
Key criteria for portable drilling is,
hand held + portable.
no depth is mention.
What type of tonnage could be amassed if one
used a grid of, 150m x 150m x 2m depth x 2.6 ore weight
= 117,000 tonnes
x ( 0.35% Rb
= 409 tonnes of Rb ( hypothetical of course )
yes... there are approx ( 35 ) oz per kg x 1000 x 409 ( lol )
don't even try to calculate it... tease.
Two meter holes x 36 hole grid does add up nicely.
But... would the mineral ( treo ) be consistent with in
a good 3 types of geologies ???? ( chalk peg, felds, grey silicas )
Here's a portable hand held auger core drill.
Cheap, gets the job done, easy to operate.
Throw away when done...lol
Quality bits would be of the order.
Yes.... i've come across cheaper units, but you get
the idea.
VIDEO
https://www.alibaba.com/product-detail/7-5HP-20m-drilling-depth-Small_1600487441806.html?spm=a2700.7724857.0.0.794b6e5dhXT8U8
And of course....
phots of GC claims - i'd say real easy to quadron off
150m x 150m of best geology.
Punching 2 meter holes would go real fast.
26 holes = 25m apart
= measured resource ( qualifies ) maybe even higher reserve
of course....minerals would have to be present ( economical values )
Ideas...
And yes....
i have also come across other affordable drill rigs..
Which i think all juniors should own to bring value
and a vantage for shareholders - far too many odds
against shareholders as it is...
Cheers...