Cheers Kap.
The MD states that similar projects have grades of 10% or higher, which means, the current drill results are "in the money", though of course it incredibly early on in the discovery (it literally just happened). I struggle to think of a similar outcome from just 10 holes going down 50m yet, most holes hit mineralization, at economical rates. Hopefully MKG can take some time to find real analogous examples of similar discoveries or mines in production to better clarity the value proposition in the coming months. I wonder if the next rock chipping program will find even more structures...?
Unlike many... many small cap explorers, MKG are actually finding new resources with every drill program. The main frustration for all stakeholders is the lack of market appreciation. It will come, but... at what level of dilution is always the question. Perhaps the rest of the gold results to garner more interest.
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Cheers Kap.The MD states that similar projects have grades of...
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