Adding an assumed grade for PGMs (and silver) to the measly assumed grade of 5g/t gold only seems fair now that we have an assay method for rhodium.
Seems very reasonable.
3.42g/t Rhodium! RHODIUM @ $21,750 USD/Oz
3.42g/t Rh = 39.2g/t Au Equivalent. About 1.3 ounces AuEq / tonne.
Pretty simple maths. An assumed grade of 5g/t gold gives a 26Moz Exploration Target.
If we use an assumed grade of 10g/t AuEq (Au + PGMs) gives a 52Moz Exploration Target
Actually they are drilling much deeper now and that 26Moz was based on drilling to just 50m deep at Tres Estados, so we could add 20% for the much deeper drilling, so let's say 10.2Moz at TE becomes 12Moz which gives us 28Moz. Double it for the 5g/t AuEq PGMs gives 56Moz.
I can't wait to factor in the pilot plant grades when they come. Pretty safe bet that they'll be waaaay north of a measly 10g/t AuEq.
- Forums
- ASX - By Stock
- 26Moz, +5g/t AuEq Gold, Silver, PGM Porphyry Exploration Target. First assays imminent.
Adding an assumed grade for PGMs (and silver) to the measly...
-
-
- There are more pages in this discussion • 1,625 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BCM (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.968M |
Open | High | Low | Value | Volume |
1.2¢ | 1.2¢ | 1.2¢ | $6.7K | 558.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 126483 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.3¢ | 167124 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 126483 | 0.011 |
6 | 1348035 | 0.010 |
2 | 300000 | 0.009 |
2 | 182548 | 0.008 |
1 | 200000 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 167124 | 1 |
0.014 | 739562 | 3 |
0.015 | 167500 | 1 |
0.016 | 130000 | 1 |
0.018 | 597632 | 1 |
Last trade - 15.58pm 01/10/2024 (20 minute delay) ? |
Featured News
BCM (ASX) Chart |
The Watchlist
TON
TRITON MINERALS LTD
Adrian Costello, Executive Director
Adrian Costello
Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online