Ann: Targets Defined Beneath 230,000 Oz Historic Goldfield, page-28

"So does that mean they cut half meter channel samples from the side walls of the old mine and came back with 30-67g/t results?"

Yes, it does.

There's been 230,000 ounces mined at an average grade of 26g/t gold (100-150 years ago), so 30-60g/t areas shouldn't surprise anyone as you'd get other areas that are "only 10g/t Au", for example, and it all averages out to 26g/t.

This could be really good and probably justifies MAG's current valuation by itself, without any of the potential company-making porphyry targets (all 50+ of them).


Below is a video that shows someone else taking underground channel samples as MAG did.


Cheers,

GB.