ARV
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3.70% 1.4¢ artemis resources limited

Ann: Bulk Sampling of 47K Patch Conglomerate Gold Approved, page-49

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  1. ConfusedShareTrader
    2,942 Posts.
    lightbulb Created with Sketch. 29
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    18/04/18
    14:18
    Post #: 32528806
    Just a quick calculation , I'm probably wrong so correct me please!
    20x6x1.5 =180 cubic meters.
    Assuming each meter^3 weighs about 2000k, then total dirt weight excavated ~ 360 tonne
    Gold recovered is 1282g or approx 40 ounces(at 32g/oz)
    So 360T / 40 Oz. = 9Gr/ T of nuggets.
    Was the gold recovered including fines? If not then the Gr/T should be higher!

    CONFUSED
    ARV Price at posting: 19.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 8  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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1.4¢ 		Change
0.001(3.70%) 		Mkt cap ! $26.83M
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