Pretty cheap of me but this is an A1 review
Rating the mineral grades in this announcement involves comparing them to typical economic thresholds in the mining industry. Here’s a breakdown of each mineral grade from the announcement, rated out of 10:
1. Gold (Au) • Reported Grade: 3.0 g/t (with high-grade zones up to 6.7 g/t) • Rating: 8/10 • Reasoning: Gold grades above 2 g/t are generally considered good, especially for open-pit projects. Grades above 5 g/t for certain intervals are excellent, making the gold potential quite attractive.
2. Silver (Ag) • Reported Grade: 698 g/t (with peaks at 1,625 g/t) • Rating: 10/10 • Reasoning: Silver grades above 300 g/t are high, especially for polymetallic deposits. This grade is very promising, as it indicates the potential for significant silver output, which is economically beneficial.
3. Copper (Cu) • Reported Grade: 1.2% (with higher pockets up to 2.0%) • Rating: 7/10 • Reasoning: For copper, grades around 0.5% to 1.0% are often considered good, especially for large-scale open-pit projects. Grades above 1% are strong, and with peaks of 2%, the copper mineralization is favorable, albeit secondary to silver in this deposit.
4. Lead + Zinc (Pb+Zn) • Reported Grade: 19.4% combined (with peaks at 39.0%) • Rating: 9/10 • Reasoning: Lead-zinc grades above 5% are considered very good, especially in polymetallic deposits. The combined lead and zinc grade of nearly 20%, with intervals going as high as 39%, suggests a very high base-metal content, which could significantly contribute to the deposit’s value.Summary Ratings for Each Mineral • Gold: 8/10 • Silver: 10/10 • Copper: 7/10 • Lead + Zinc: 9/10Overall AssessmentThe silver and lead-zinc grades are exceptional, giving this project high potential value, particularly if these grades are consistent across the tenement. Gold and copper also show strong grades, although they may be secondary contributors in this context.
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No. | Vol. | Price($) |
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3 | 96010 | 0.160 |
4 | 43217 | 0.155 |
15 | 232189 | 0.150 |
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Price($) | Vol. | No. |
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0.170 | 324402 | 10 |
0.175 | 165414 | 4 |
0.180 | 67866 | 4 |
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