NAG 15.0% 1.7¢ nagambie resources limited

Ann: Interim Drilling Results Confirm Stibnite Veining and Gold, page-41

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  1. 2,696 Posts.
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    Yes, my understanding is that Visible Gold is an indication that there is 1oz/t or better. 1 oz is 32 gms, so VG would be 32 g/t or more.

    For me the VG Ancmt is big news as its about exceptionally high grades. It does not tell us the quantity or strike length but it is as good as you can get from one DH. Forget Bonanza grades like 100 g/t. They are great but not necessary. Anything at or above 6 g/t is well & truly "in the money" providing there is enough quantity. (Remember 3g/t is the cut off Mineable Grade.)


 
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