BCN 4.55% 2.3¢ beacon minerals limited

Ann: Beacon Minerals Exploration Update, page-8

  1. 1,100 Posts.
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    We drilled around 3700 meters in the December quarter for $120k, 1200 meters of that was grade control drilling at Jaurdi, 2500 meters was aircore at Stockdale. Considering that ratio is roughly 2:1 and assuming the grade control was RC, it would be a bit more expensive per meter for this program at 4:1 ratio (RC/AC), and the program is roughly 4.1 times the size. Let's call it a million between friends maybe?
    Last edited by MetalBee: 11/08/20
 
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