by far to early to define a resource but we could roughly say this:
lets take a TT of 20m average and a tonnage factor of 2.5 this works out to a multiplier of 50
if we had 100m x 100x --> 10,000m² x 50 = 500,000t x 250 US$/t = 125 mln US$.
The three target areas (with more than one drill-hole)are roughly 3km² in extension. If only 10% are covered with mineralisation this makes it 900,000m² x 50 = 45mt x 250 US$/t = 11.25 bln US$.
!!! THIS IS NOT A SERIOUS CALCULATION BUT ONLY A ROUGH EXAMPLE OF THE EXPLORATION POTENTIAL OF JERVOIS !!!
Lenni
- Forums
- ASX - By Stock
- ARU
- major new vanadium discovery
major new vanadium discovery, page-13
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ARU (ASX) to my watchlist
|
|||||
Last
16.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $395.8M |
Open | High | Low | Value | Volume |
16.5¢ | 16.5¢ | 16.0¢ | $105.0K | 641.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
27 | 707977 | 16.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.5¢ | 1099096 | 25 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
22 | 641336 | 0.160 |
119 | 6568448 | 0.155 |
80 | 2976517 | 0.150 |
19 | 922659 | 0.145 |
20 | 2106306 | 0.140 |
Price($) | Vol. | No. |
---|---|---|
0.165 | 1095965 | 24 |
0.170 | 1153756 | 26 |
0.175 | 774962 | 14 |
0.180 | 1074251 | 22 |
0.185 | 702172 | 16 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
Featured News
ARU (ASX) Chart |
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online