so 28 @ 34.81g/t with highlight of 3m @ 138.07g/t gives us around 22.4g/t residual grade over the 25m. That's still great result.
I did calcs with the 10m highlight (which contains the 3m zone) and came up with great numbers for rest of the intercept.
In short this is good news but as the management said - they don't know the true width. If the true width is around 10m this will still be great result.
Where share price goes? no idea.
But would like them to test at depth which they don't right now as they show they will test this zone up towards the surface.
If SP tops 17c and stays there I will consider it success.
Ann: Bonanza Intercept of 28m @ 34.81g/t Au at Youanmi South, page-9
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28.8¢ |
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Mkt cap ! $212.4M | |||
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