I think the grade is not an issue. It is totally normal in the Carlin Trend in Nevada.
For instance, Bald Mountain and Round mountain (the closest operation projects to Maverick Springs) have grades of <0.5 g/tAu.
Those projects are operated by Kinross Gold, a $13B market cap monster.
But this is not gold, it is a Silver project, and SS1 Ag grade is actually high compared to other projects in the region.
Rochestes for example (Coeur Mining), is a mine profitable mine in operation with a silver grade of 12 g/t!.
Largest silver play ASX, page-10
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Last
54.0¢ |
Change
-0.025(4.42%) |
Mkt cap ! $37.62M | |||
| Open | High | Low | Value | Volume |
| 56.0¢ | 56.0¢ | 53.0¢ | $255.5K | 469.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 34721 | 53.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 54.0¢ | 13460 | 1 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| SS1 (ASX) Chart |