ERM 2.17% 4.5¢ emmerson resources limited

Ann: Stunning 117m at 3.38% copper drill hit at Hermitage project, page-143

  1. 902 Posts.
    lightbulb Created with Sketch. 146
    "how can I better inform the shareholders?"
    The total "Width(m)" = Interval, is not adjusted for thrue width.
    Note the formula in cell C34.
    Assumptions: SG = 4
    Recovery Rate and Values of Bi,Mo,Sb,Se = 0.1 and US$1

    Check Hole HERC002 for the first interval gold value = 6 metres of gold @1.17 g/t a recovery rate of 0.8 , US$57 and SG = 4 (US$/Sq. m. )
    =+Au__g_t*Width__m*Assume_SG
    https://hotcopper.com.au/data/attachments/3885/3885814-4595d0017ace182258299a85ae36ec1a.jpgShould read = Au(g/t)*Width(m)*Assume SG
    https://hotcopper.com.au/data/attachments/3885/3885818-54bd2b6add366c7cf81234631ce59845.jpg


    https://hotcopper.com.au/data/attachments/3885/3885837-84988ed94781509fcff5e03b1611cbba.jpg


    DISCLAIMER

    Please read this disclaimer carefully before investing in ERM .All information posted is merely for educational and informational purposes. It is not intended as a substitute for professional advice. Should you decide to act upon any of this information you do so at your own risk.

    While the information has been verified to the best of my abilities, I cannot guarantee that there are no mistakes or errors

 
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