That hinge zone on Long section 1 is really fat, if there is more of that down plunge to the southwest there could be a lot of tonnes in that. Starting to look pretty encouraging to GNM shareholders if they can find more of that hinge zone or a repeat of it somewhere down dip.
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If that hinge zone is approx 300m in down plunge strike length and average 20m true thickness and height of say 125m gives them 750000 cu metres (assume density of 2.67t per cu metre) so 200k Tonnes of ore at say 3.8g/T Au grade average makes approx 245K Ounces of gold, very arm wavy and rounded numbers and that's just the hinge zone, obviously the skinny more linear zones under the previous pit will have some ounces on top of that number.
Nothing closing off that hinge zone at depth at all yet. The 1m of eye-popping gold grades is nice but its that hinge zone of decent thickness.
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That hinge zone on Long section 1 is really fat, if there is...
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Last
1.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.164M |
Open | High | Low | Value | Volume |
1.4¢ | 1.4¢ | 1.4¢ | $1.12K | 80K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 97360 | 1.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.5¢ | 34299 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 97360 | 0.014 |
2 | 115037 | 0.013 |
5 | 1825000 | 0.012 |
2 | 272725 | 0.011 |
2 | 599995 | 0.010 |
Price($) | Vol. | No. |
---|---|---|
0.015 | 34299 | 1 |
0.017 | 110000 | 1 |
0.020 | 6667 | 1 |
0.021 | 197610 | 2 |
0.022 | 43475 | 1 |
Last trade - 10.35am 18/06/2025 (20 minute delay) ? |
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MEMPHASYS LIMITED.
Professor John Aitken, Scientific Director
Professor John Aitken
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