RXL 0.00% 13.5¢ rox resources limited

2022 Rox prospects, page-59

  1. 752 Posts.
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    1. No One knows how much of the Grace Resource is in the Measured & Indicated Category
    2. Grace is 6.95g/t au not 7g/t au.
    3. Blending Grades is not how it works. You don't just Add the resource and grades and average it out.
    4. It will be blending the tonnage of Ore Feed based on the capacity of the plant.
    5. There is not enough tonnage at Grace to average out the other zones to give you the average a sustained blended output of 4 g/t. That is not how it works.
    6. Grace feed is good albeit tiny.
    7. Resource no where near a level yet that can be used for DFS. More drilling required. MORE CAPITAL REQUIRED
 
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