AGS Holders
Its Definite Accumulation, Numbers Don't Lie:)
I have done some numbers, & focused on this one outstanding 7mtr intercept & it looks like this :)
Based on 7m @ 1.27%U3O8 (12,700ppm).
The Inground value of this one drill result is as follows (Calculation Based upon Current US.$70P/Lb Sales Contracts).
12,700ppm (1.270%)equates to 12.7kg U3O8 per tonne
= US.$1959.00 Est: P/Ore tonnage In-ground Value.
Note: Current average FWE Jorc. Grades are 3700ppm (0.37%)
= US.$571.00 Est: P/Ore T.I.G.V.
Now lets Compare
_____________________________________________________________
Compare this to Langers Average Resource Grades of 635ppm (0.0635%)
equates to 0.6kg U3O8 per tonne
= US.$92.54 Est: P/Ore tonnage Inground Value.
Note: Currrent Ore being mined at Langer, is currently at approx, 1,000ppm, which is still excellent US.$154.28 Est: T.I.G.V.
_____________________________________________________________
I Will Say No More :) Four Mile Grades are Exceptionally outstanding.
.
.
Cheers to all AGS Holders
.
.
- Forums
- ASX - By Stock
- AGS
- high grade drilling results
high grade drilling results, page-17
-
- There are more pages in this discussion • 32 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 AGS (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online