11.7 isn't a bad grade; but dilute that over 145 m and it becomes 0.08g/t. Or put another way, dig 145 m of earth to (maybe) get a return of 34g (US$1900) of gold. It's not attractive. And unfortunately based on the other drill holes which show almost no gold, there's no evidence that the gold in this hole is anything more than a spot hit. Hardly encouraging and a very high risk punt ....
Ann: 11.7 g/t Gold Intercept Recorded in hole MWD005, page-5
Add GMN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.533M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $1.52K | 506.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 38 | 45385051 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 9766382 | 9 |
View Market Depth
| Last trade - 10.04am 10/07/2024 (20 minute delay) ? |
| GMN (ASX) Chart |