Hey Mate,
You're not wrong - it's not high-grade.
It's a porphyry which are low grade and high tonnage deposits.
Great thing is that Chuscal has porphyry mineralisation with epithermal (high-grade) veins running through as well.
Also, keep in mind that these are the first two holes ever drilled.
How many companies hit 300m+ of gold in both of the first two holes ever drilled?!
Plus the Company is now being run by the Andes team and they seem to be on the ball.
Raising cash is no longer an issue either which means that the new team will deliver the goodies as they drill more and understand what's in the ground (not that they need cash now as $1.5M coming in from Chile disposal).
Cheers,
GB.
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