Post by
andre171 on Dec 16, 2021 3:23am
Drilling results for Goldlund very good ?
I come back to the last drilling results for Goldlund published on November 3 and I observe that (except for a calculation error on my part) the average grade discovered is 5.18 g / t then for the measured reserves of this mine it is 1.07 and 0.66 for the indicated reserves. Therefore, these drilling results seem particularly good to me because they reveal a quintuple grade. With operating costs a priori of the same order, the profit margin should therefore be strengthened, of course with an increase in the volume of reserves. On the other hand, the average width of the veins of 8.12 M seems to me quite low. What do you think ?