Post by
10bags on Dec 15, 2010 2:36pm
18.6 m at 6.37 g/t Gold equivalent
The press release gives the silver equivalent grade.....
Discovery breccia 67.80m to 86.40 18.60m 1.31 Au g/t 254.1 Ag g/t 319.7 Ag equivalent g/t
Please correct me if I'm wrong, but I calculate this 319.7 oz silver equivalent grade to correspond to a gold equivalent grade of 6.37 g/t gold. And 18 m of that ain't too shabby, imho.
319.7 x .032 = 10.2 oz Silver x $24/oz = $244.80
Gold at $1200/oz = 244.80/1200 = 0.204 oz Gold / .032 = 6.37 g
Please do your due diligence.