KMN 4.00% 12.0¢ kings minerals nl

3 % MoS2 strike is huge, its frickn monsterous. I have never...

  1. 683 Posts.
    3 % MoS2 strike is huge, its frickn monsterous. I have never seen a molly company yeild higher assay results than that. That is an absolute huge find and its still open at depth (assays pending)

    Great find !!!

    According to my calcualtions thats about AuEq 50 g/t - but do please check and confirm.

    3.08% MoS2 = 1.85% Mo

    Mo = US $ 33 / pound
    Au = US $ 770 / ounce = US$12,300 pound

    1 part Mo = 370 parts Au ($ value)

    1.85% Mo = 18,500 ppm = 18500 g /t

    18500 / 370 = 50

    Therefore 6 metres @ 3.08% MoS2 = AuEq 50 grams / tonne!!!

 
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