Yep 100ppb is 0.1g/t
At this stage it's fine because the auger is a narrow drill hole, the program is drilled on wide spacing and only into the top vertical metre of what is probably a steeply dipping set of ore bodies/lodes. In detail those orebodies consist of fairly narrow veins / sulphide seams within low grade rock which combined depending on things like vein density into economic mineralisation. You gotta get lucky to hit right on one of those veins with auger holes on a 100-200m x 25-50m grid to get the +1g/t material. What you look for is the size and continuity of the anomalous envelope.
RC/Aircore diamond drilling is different as the drill will cut through a continuous section of rock rather than taking essentially point samples
Compare Auger of M1 South which returned a couple of scattered +1g/t auger hits within a substantial +40ppb envelope. That's a ~1.8Moz @12g/t ore body. Look at the auger over Namdini that's 7Moz within that big blob of +100ppb auger hits.
Point being MV3 looks pretty promising at the least it could be just a small satellite ~100,000oz or maybe another 5Moz
Yep 100ppb is 0.1g/t At this stage it's fine because the auger...
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