another shocker, page-6

"Best intersections" include:

22 metres at 0.14% zinc and 1.7g/t silver

25 metres at 0.14% zinc, 0.14% copper, 2.9 g/t silver and 0.06 g/t gold.

I must admit when I initially glanced and saw 1.7 g/t and 2.9 g/t I thought hmmm, not bad - pretty good gold results over decent intersections. Then when I saw they were silver which is less than 2% the price of gold I just laughed.

What about that 1.7 g/t silver - on a rough guess that is not even a dollar's worth of silver from one ton of ore.

Now what about that 0.06 g/t gold? That's about six hundredths of a gram of gold in one tonne. Now there are approximately 28.35 grams in an ounce. 1 g/t gold is currently about US$32 worth of gold in a ton of ore. So 0.06 g/t gold is less than US$2 worth of gold in a ton of ore.

I don't know how some posters can possibly call these good drilling results. They are sub economic, very sub economic imo.

I guess the belief is that they are indicative of a large mineralised body. The hope has to be imo that some of that large mineralised body has economic grades.