Average Grade: the concentration of a mineral in the ore body (in % or g/t) – 2% copper and 1.5 grams per tonne goldStrike Length: the length in which the mineralization is found in the ore body (horizontally) – 500 metersDepth: the depth in which the mineralization is found in the ore body (vertically) – 200 metersWidth: the width in which the mineralization is found in a drill hole – 100 metersSpecific Gravity: the density of the ore body (i.e., the rock) – 2.5
https://undervaluedequity.com/mineral-deposit-value-how-to-calculate-the-potential-value-of-a-mining-project/
Im getting ready for Monday. Let’s hope my enthusiasm is as good as good as the grades.
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