I've always thought that where the result is over 20 (metres x g/t) it was considered a high grade hit. So 68m x 1.49g/t at 101 is an excellent result. Obviously, the higher grade the less work to dig it out. That's the extent of my 'technical' input!!
What I like about this announcement is that it is only aircore drilling and all holes ended in mineralisation. And as these results are only for 32 holes out of 141 completed, there's still plenty of news coming (not to mention the drilling being done on our 100% owned land). So, hopefully that bodes well for the DD campaign to follow up these results on the Lake.
Conversely, I'd like to hear more from RW on the feasibility planning being done to get some of this ore out of the ground....guess we wait on that news!
J22
MGV Price at posting:
33.5¢ Sentiment: Buy Disclosure: Held
