Importantly this hole proves the system is mineralized at depth ....some back of the envelope calculations 900 metres long x 200 metres wide x200 metres deep at sg of around 2.4 = 86.4 million cubic metres @ 1.6g/t = 138,240,000 grams divided by 31.2 gives us 4,430,769 ounces of gold
conclusion given this was a reconnaissance hole - it's a bloody big system they have just scratched the surface of
CDV Price at posting:
16.5¢ Sentiment: Buy Disclosure: Held
