re: Ann: CYU: CYU and GSE update on high grad... I haven't seen...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 23,832 Posts.
    lightbulb Created with Sketch. 725
    re: Ann: CYU: CYU and GSE update on high grad... I haven't seen much over about 5,000PPM. There are a few who had strikes upwards of 50,000PPM

    Anything between 2,000 - 5,000PPM is consider high grade

    50,000PPM would be the equivalent of bonanza grades for gold I would imagine. Deep Yellow for example have a reporting threshold of 441PPM.

    Deep Yellow had one of 110,500PPM (11%)
    Pen had the one you mentioned of 5,160 PPM (5%)
    Thunderlarra had one of 5,179 PPM (5%)

    58,960PPM (6%) U is nothing to sneeze at.

    So now with the uranium coming into play, high grade gold of up to 8g/t and the copper and gold mineralization looking to extend at depths of up to 1,200m, this JORC of theirs is becoming very interesting.

    Within the next 2 - 3 weeks they expect to potentially triple their current JORC off a single drill hole which may alone confirm a commercial deposit.

    I conservatively can't see this being sub 2c for long

 
watchlist Created with Sketch. Add AKN (ASX) to my watchlist
(20min delay)
Last
0.5¢
Change
0.000(0.00%)
Mkt cap ! $2.230M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
11 4100929 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 1312994 3
View Market Depth
Last trade - 16.18pm 15/11/2024 (20 minute delay) ?
AKN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.