Ann: Mt Freda Complex Global JORC Resource Estimate, page-6

I'm a complete novice on these type of reports. However seeing the g's/t didn't look impressive at all to me. I'm also in BLK which has been a complete dog to hold but last week had an announcement like below. I knew that was very decent and it was reflected in the share price.
Here is a quote from a report.

The junior gold producer told investors today drilling had come up trumps with hits like 14.45m at 17.16 grams per tonne (g/t) of gold from 18.95m, including 7.45m at 31.22g/t; and 12.4m at 7.93g/t from 31.4m.Not only were the hits shallow, one intersection delivered a grade of as high as 283g/t.Anything over about 5g/t is generally considered high-grade, and in the current high gold price environment shallow, high-grade gold means good profit margins for miners.