On Google; For underground mining, the World Gold Council defines between 8 and 10 grams per tonne as 'high-quality', and 1 to 4 grams per tonne as 'low-quality'. There is no exact definition of what is considered as high or low grade.
Volt Resources (VRC) reported resource estimate 851,000 ounces of 2.6g/tonne, and in the forum shareholders are very positive about their situation.
https://hotcopper.com.au/threads/grade-comparison-with-other-open-pit-mines.5478025/
Looking at comparison table in above thread they may have good reason to be.
VRC sitting just above 2cents having commenced exploration already and got resource estimate, with total no. shares just under 2billion. Possibly undervalued, the shareholders seem to think so.
BAT at roughly 1.4billion total, at 1cent with no updates or commencement with the gold.
Until BAT do something we don't know, but could be promising based on previous results as posted by 'Adequate' above.
Seems to be some buzz in general around gold stocks right now... waiting...
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