If you do the maths on those results, they don’t come up too bad IMHO.
The hole that went 4.4m @ 118g/t is equivalent to 44m @ 11.8 g/t fair bit of gold there. The hole also included a intersection of 0.3m @ 1715g/t, which if you do the maths on is 60.49 ounces per tonne x $3000 (Aus) per ounce = $ 181,470 per tonne, not bad when some low grade operations are mining and milling ore at less than 1g/t.
It will be interesting to see the production when this ore is mined and processed, because who knows what is either side of where the drilling intersected this grade , I very much doubt the drilling would have been lucky enough to just hit a small pocket of insanely high grade gold, time will tell.
- Forums
- ASX - By Stock
- KAU
- Ann: High Grade Drill Results
Ann: High Grade Drill Results, page-5
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add KAU (ASX) to my watchlist
(20min delay)
|
|||||
Last
15.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $31.68M |
Open | High | Low | Value | Volume |
16.0¢ | 16.0¢ | 15.0¢ | $36.42K | 232.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 24576 | 15.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.5¢ | 43000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 24576 | 0.155 |
5 | 211130 | 0.150 |
4 | 326219 | 0.145 |
6 | 475384 | 0.140 |
1 | 7200 | 0.135 |
Price($) | Vol. | No. |
---|---|---|
0.165 | 43000 | 1 |
0.170 | 180000 | 2 |
0.175 | 150000 | 1 |
0.180 | 414442 | 5 |
0.185 | 263181 | 4 |
Last trade - 15.30pm 04/10/2024 (20 minute delay) ? |
Featured News
KAU (ASX) Chart |