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Ann: Zinc - Myanmar, page-56

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ddzx

37,911 Posts.

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20/10/17

16:30

Post #: 28072647
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Originally posted by ddzx ↑

@FiendishRedbeard

my old numbers were here: https://hotcopper.com.au/threads/burmese-zinc-what-do-we-think.3445743/#post-24888969

i made a huge mistake with the low grade estimate by misreading the silver grade at 5 grams per tonne instead of 5 ounces per tonne

not exactly low grade!! at 3.5% zinc, 7.5% lead, 0.33% copper and 178 g/t silver, which equates to 15% zinc equivalent at current prices

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amendment

my calcs get the current JORC announced is:

* 13.9% zinc equivalent

* 17.1% lead equivalent

* 709 g/t silver equivalent

MYL Price at posting: 8.0¢ Sentiment: None Disclosure: Held
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