MEI 3.16% 9.2¢ meteoric resources nl

Ann: Mulligan Maiden Drill Program Finalised, page-11

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  1. 1,096 Posts.
    lightbulb Created with Sketch. 90
    Do the math. 100m x 100m x 1m x the specific gravity of the rock. Each meter is roughly a tonne of ore. If you are getting 1% grades, that's $800 per meter squared. Small deposits are a freaking goldmine at these grades (5%+). Open cut the area and pull 1% average out of the zone, it's massive.

    Small deposits is where it is, just one of those blobs of colour could be a $20m+ in ore.
    Last edited by catscatscats: 06/07/18
 
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