I don't know if there's a hard and fast rule to be honest. An intercept of 100m at 2g/t is I'm sure far more enticing than 1m at depth showing 100g/t. So I think it comes down to a relationship between grade and width. In terms of this proposed auger programme which will likely only test the first few metres from surface I should imagine any grade above 1g/t in a few holes would be highly encouraging as an indicator of a viable deposit.
Ann: Gold grades over 100g/t Au and visible gold - Bynoe Project, page-103
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