The calculation shows that for a mineralised width of 10m with grades of 16% lead equivalent that there is potential for a significant discovery and impact on the sp.
Allowing for 50% reduction in tonnage and 50% reduction in grade using the same basis of calculation would give an sp of $3.60
However it is my understanding that these types of deposits can range from 100mt to 150mt.
Worth the dream we should know in the next couple of weeks!
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The calculation shows that for a mineralised width of 10m with...
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