LRC laguna resources nl

what is the value at 1.1 moz jorc, page-8

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    JORC Inferred Resource (current estimate)

    Cut-off grade, g/t Gold EQ60 Tonnes
    ?000 Resource Grade, g/t Ounces Gold
    EQ60
    Gold Silver Gold EQ60
    0.5 16,012 0.45 64 1.52 782,700
    1.0 9,711 0.60 85 2.02 629,520
    1.5 5,791 0.77 107 2.55 474,770

    Conservative
    Inferred resource which is the lowest category.
    Simple i take 1.5g/tonne as my guide at $21.50 australian as in ground value so 475 770 x 21.50
    = $10.3 million as a base figure for in ground value.

    Extracted value is no basis as there are no parameters.
    When the jorc is indicated the parameters will change.

    By the way i have spent some time in these areas of Chile and it is spectacular.
 
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