CAI 0.00% 11.5¢ calidus resources limited

Grade is very underwhelming and will not truck to the mill.First...

  1. 444 Posts.
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    Grade is very underwhelming and will not truck to the mill.

    First and best intercept reported is a total of 32 gram meters but take out the 1m @ 19g/t and your left with 14m @ 0.85 g/t.

    The rest of the results are also low grade and very average hence why they have held back for so long.

    Note that they hide the most damming information on metallurgical recoveries right at the end. 97% recoveries in oxide only, the rest refractory as refractory as you can get. Note that it is only oxide down to 10-20m.

    There is a lack of transparency in these releases and suggesting Felix fixes LOM issues is disingenuous at best.

    Buyers beware IMHO
 
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