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3.15% $2.15 southern cross gold ltd

Ann: SXG Drills 2,318 g/t Gold over 1.0 m in best hole, page-42

  1. Guata
    1,694 Posts.
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    07/03/24
    18:04
    Post #: 72799654

    Yes. A grade of 2.319 kg (pertonne of ore) = 81.86 oz/tonne. (2.319 x 35.3 oz/kg)

    81.86 oz. x US$2148/oz. (today’sprice for gold) = approx.. $US176,000.

    Div. by 65.67 US cents per Oz$ = approx. $267,000 Australian, per tonne of ore.

    SXG Price at posting: $1.71 Sentiment: Hold Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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