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970 Posts.
43
10/07/06
12:16
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I was just doing a little bit of a calculation and was pleasantly surprised with the figures that I came up with. Would love for others to check them.
Last Drilling reults from Mt Carlton are as follows
Gold - 99,000 Ounces (Current price US$632 Oz)
Silver - 1,490,000 Ounces (US$11.30 Oz)
Copper - 4960 Tonnes (US$7710 tonne)
Now calculate that out and we have
Au - US$62,568,000
Ag - US$16,837,000
Cu - US$38,241,600
Total Value so far in ground : US$117,646,600
These are on the figures from three months ago so I am expecting this to be increased with further results.
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