KAI 0.00% 0.9¢ kairos minerals limited

Ann: Kairos Discovers Gold in Pilbara Conglomerates, page-91

  1. 6,444 Posts.
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    Very important observation ainsley. A very basic (and probably not very accurate) calc as per the one below would suggest a pretty reasonable grade for this 'grab' sample. But the grab sample is not representative as confirmed by KAI - "The gold is not considered to be representative as it was found in loose soil and alluvium near the prospective geological units. The geological units remain to be sampled in detail." Considering the river-induced concentration affect mentioned by ainsley and the unrepresentative nature of the sample, the grade of the geological unit is likely to be a lot less than 11 g/t.

    SnipImage (003).JPG

    The above is pure conjecture and should not be used to support any investment decision.

    It's possible I may regret this decision, but I'll be heading for the door. Good luck all.
 
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