Fantastic drill results....43% Pb/Zn say at $3000 ave a tonne....43% of $3000 equals $1290. That's 75% of the value of an ounce of gold, and 75% of an ounce is around 23g. So we just announced 23g/t Au eq.
More resource changes to reserve, means a longer mine life, and with an incredibly high payload. Throw in the silver and we get around $1450 a tonne, or $70,000 for a 50 tonne load to surface. This has to go up in price...
Ann: Becoming a substantial holder, page-21
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