high grade drilling results, page-17

AGS Holders
Its Definite Accumulation, Numbers Don't Lie:)

I have done some numbers, & focused on this one outstanding 7mtr intercept & it looks like this :)

Based on 7m @ 1.27%U3O8 (12,700ppm).

The Inground value of this one drill result is as follows (Calculation Based upon Current US.$70P/Lb Sales Contracts).


12,700ppm (1.270%)equates to 12.7kg U3O8 per tonne
= US.$1959.00 Est: P/Ore tonnage In-ground Value.

Note: Current average FWE Jorc. Grades are 3700ppm (0.37%)
= US.$571.00 Est: P/Ore T.I.G.V.

Now lets Compare
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Compare this to Langers Average Resource Grades of 635ppm (0.0635%)
equates to 0.6kg U3O8 per tonne
= US.$92.54 Est: P/Ore tonnage Inground Value.

Note: Currrent Ore being mined at Langer, is currently at approx, 1,000ppm, which is still excellent US.$154.28 Est: T.I.G.V.
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I Will Say No More :) Four Mile Grades are Exceptionally outstanding.
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Cheers to all AGS Holders
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