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G'day Andy - Briilliant post !! Both in time you've devoted to...

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Guata

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22/02/17

16:47

Post #: 22819166
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Originally posted by Andyrooooooo ↑

Our drill results plotted to date look as follows:
View attachment 473927

Most results fit into 3 basic categories:
A - 1.50% to 2.10%, sub 15 meters
B - 0.90% to 1.50%, sub 15 meters
C - 1.50% to 2.00%, above 15 meters

The number of hits above 1.50% clearly outnumbers by about 3 times.

As cat A and B are alike in meters, if you were to average them out they would essentially be around that 1.50% range... exactly where our JORC shows us to be.
If you then throw in the cat C results which are of much greater depth and basically 90% above 1.50%, this should pull the average % up significantly.

To date we have returned about 2,140 m of successful hits.
If you average the grade out then i get about 1.67% over this 2,140 m.

View attachment 473975

imo we're a shoe in for not only a bump up in mt's but also in grade.

let me know if i've done my calc's wrong.
cheers,

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G'day Andy - Briilliant post !! Both in time you've devoted to the homework you've done, and in your presentation. Rgds TG.

BGS Price at posting: 30.5¢ Sentiment: Buy Disclosure: Held
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