To my understanding anything above 1.5% to 2% is very good! However, depends on which element(s) are the most common ones. Also these are hand held scanner results, not lab assays. Not sure how accurate those are.
So market reacting cautiously is understandable, certainly considering the current rather poor sentiment in the commodity markets. But these results look promising to me!
Ann: Drilling at Ambato Complete, page-4
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