Total back of the envelope eyeballed figure, but I reckon current resource at Tesorito South is circa 400 koz @ 1 g/t assuming a 0.3 g/t cutoff:
150 m x 150 m x 200 m x 2.7 t/m3 x 1.0 g/t ÷ 31.1 oz/g
= 390 koz
So @ $100/oz, $39M worth
or at $50/oz, 19.5M worth
Needs to get a fair bit bigger, keep those extensions coming. With a little luck the geophysics will allude to much more size. Looking forward to the next assays and interpretation of the IP/mag surveys. Hopefully something this week.
Total back of the envelope eyeballed figure, but I reckon...
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