PRX 0.00% 0.2¢ prodigy gold nl

ABU's Future Potential Blowing My Mind !!!, page-6

  1. 2,475 Posts.
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    G'day all-Some thought prompting info below that some may find interesting.
    Drilling Discovers Mineralisation at the Grapple Prospect on Lake Mackay JV
    Five RC holes completed-Two of initial three holes intersected mineralisation.
    Hole 16GRRC003 -
    9m at 3.26% copper, 1.8g/t gold,49.1g/t silver, 3.63% zinc, 1.09% lead and 0.26% cobalt.
    10m at 1.05%copper, 1.6g p/t gold,50.1gp/t silver,2.55%zinc,1.71%lead & 0.09% cobalt.
    5m at  4.61%copper,1.1gp/t gold,40.9gp/t silver, 4.61% zinc, 0.67%lead & 0.25% cobalt.

    Just completed for curiosity sake analysis on total revenue value- per tonne, using the average
    g p/t silver- gold & average percentage zinc, copper, lead & cobalt from the  Grapple prospects
    3 known hole intercepts.

    Using London Metal Exchange prices -USD per lb converted AU & KG
    & SILVER & GOLD -AUD per gram.

    Below results listed highest to lowest value return per tonne of ore,
    results are interesting as they bring to light percentage values & are
    probably not what most would expect.
    This is example only based on this mornings values x average drill hole results,
    there is no allowances made for dilution of % or g p/t during mining & ore extraction
    nor process plant losses to tailings or refining losses.
    Results are non the less a guide on values that will surprise some holders.

    ZINC-3.59%=35.9kg x $3.43per kg=   $123 p/t  of ore.

    Copper-2.97%=29.7kg x $7.35 per kg = $218 p/t-of ore.

    Gold-1.5g p/t x $52.96 per gram = $79.44 p/t of ore.

    cobalt-0.20%=2kg x $29.75 per kg = $59.50 p/t -of ore.

    Lead-1.15%=11.5kg x $2.90 per kg =   $33.35 p/t-of ore.

    Silver-36.7g p/t x $73 c per gram = $26.79 p/t of ore.

    Total combined per tonne -   $540.08.

    Total of $540.08 per tonne is equivalent at ($1,647 AU- per OZ )
    to 10.2 g of Gold-per tonne .
    The above gives example how multi-element deposits add significant
    value & are synonymous with the most profitable mines in the world.
    imo-dyor
    gltah-salt​
    Last edited by Saltiga62: 21/11/16
 
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