AVM advance metals limited
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Ann: Approvals secured for maiden drilling program at Yoquivo, page-5

  1. The Alchemist
    1,917 Posts.
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    14/04/25
    09:15
    Post #: 78675469
    I note that the gold price used was $1850 USD. We can add 66% to that figure to get to $3000. So the average Silver equivalent grade is probably closer to 650 to 700 g/t. Lets say 20 oz/ton at $32 = $640/t USD. That's $1000 AUD per tonne or 6 g/t gold. Surely we can make money out of that !!!
    AVM Price at posting: 4.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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