Sorry to burst the bubble here, I had to share some realistic numbers to show how awful this deposit is.
The latest drill results (AKDD201) equate to 8.4m @ 3.6% Zn eq. This is not only NOT high grade, it is sub-economic.
On an NSR value it would be around $80/t best case scenario which would be just under a heap leach COG....the high grade would lose money, let alone pay back plant and infrastructure.
GLTAH
Ann: Further Extensive High-Grade Mineralisation over Kempfield, page-6
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