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!
The calculation shows that for a mineralised width of 10m with...
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