JAK jackson minerals limited

re: going under the radar keep watch

  1. 1,242 Posts.
    lightbulb Created with Sketch. 4
    Difficult to answer. Depends on how deep it is, how wide the lode is, what shape and so on.

    It also depends on what else is in the ore with the gold - if there's a lot of copper or nickel, then the grade of gold can be lower because you've got the extra minerals to compensate.

    But Integra has a nice million oz resource of about 2.9 gpt.

    The other thing is, you might have nuggety gold which could give you 5 oz to the tonne like a core from Goldstar did just a while ago - but it might well be un-mineable because:

    a. The nuggetty gold is inconsistent, so it's hard to develop an average grade without bulk sampling.

    b. The seam is too narrow, or too deep, too small, and so on.

    As it happens the Goldstar lodes are emminently mineable so it's going to be a huge performer on 07, simply because the leases are so rich.

    So as you can see, its a hard question to answer.

    But, all things considered, I suppose a starting point of 2 grams a tonne would be worth a look.

    Good luck.
 
watchlist Created with Sketch. Add JAK (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.