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Ann: Metallic Assays Increase Elizabeth Gold Results, page-8

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aliscrazy

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11/10/21

17:13

Post #: 56716688
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Originally posted by Caromb15: ↑

Not sure how they got a 30% average increase in grade after screening re-assays.

For example the 4m @ 31.20 g/t increases to 4m @ 34.40 g/t, but that is only a 10% increase.

Yes, the included very high grade intersection (within the baove) increases from 1.5m @ 52.10 g/t to 1.5m @ 68.30 g/t, and that is up by 30%. This is the one featured in the announcement.

But clearly the rest of the 4m intersection (2.5m) has actually decreased substantially (from 20.60 g-m to 1.00 g-m, NOT increased. So the average is up only 10%.

Unless there's an error in the 4m grade (34.40 g/t), the re-assays are not as good as presented.

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Correct if I'm wrong, but assuming that hit is a little bit smeared over 4m hence why your numbers seem a little off. If you look through the table provided it is quite clear the grades increased.

TMR Price at posting: 17.5¢ Sentiment: Buy Disclosure: Held
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