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SLTA-The vein can produce over 500,000oz of gold over a length of 1.3km and a depth of 100m. At a further depth of 400m, the vein can produce two million ounces of gold at an assumed grade of 10g/t gold. = @todays GOLD PRICE OF $1,300 (500,000oz) this asset alone is worth over $650,000,000 as its sits.x that by (2,000,000oz) & the numbers go crazy! This is what we know. The open-pit operation is a HUGE BONUS for SLTA early & new share-holders. Those numbers yet to come, from the looks of early small bulk sampling things look really good!
Equity markets, doing simplistic valuation multiples on gold resources and reserves, value them typically at $50–$100 an ounce once you've got a significant gold resource established, maybe 500,000 ounces or more. there are tremendous gains to be made through exploration success.
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