https://undervaluedequity.com/mineral-deposit-value-how-to-calculate-the-potential-value-of-a-mining-project/
- Average Grade: the concentration of a mineral in the ore body (in % or g/t) – 2% copper and 1.5 grams per tonne gold
- Strike Length: the length in which the mineralization is found in the ore body (horizontally) – 500 meters
- Depth: the depth in which the mineralization is found in the ore body (vertically) – 200 meters
- Width: the width in which the mineralization is found in a drill hole – 100 meters
- Specific Gravity: the density of the ore body (i.e., the rock) – 2.5
Ann: Half Yearly Report, page-37
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