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Ann: Encouraging Gold Assays at Silver Swan North, page-2

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  1. 1,847 Posts.
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    Very nice early thick, significant gold hits. 


    To give some context typically high grade for bulk tonnage mining is seen as 2 grams or better of Gold per ton. 


    "GOLD: It is usually reported in grams per tonne (or g/t), although sometimes, in the US, it is in oz/ton. A gram of gold is worth about $25, so 2 grams or better would be viewed as high-grade for bulk tonnage mining. One hundred metres of good grade is again good criteria for thickness.As a spectacular example, Aurelian Resources announced intercepts of 216 metres grading 12.8 grams gold/tonne from its Fruta Del Norte deposit in Ecuador, now owned by Lundin Gold. This result is truly exceptional in terms of grade and thickness, and propelled the stock from $2 to over $22 in 2006. However, this extreme grade and thickness only comes along once every 10 years or so." - source http://www.mining.com/web/making-the-grade-understanding-exploration-results/


    https://hotcopper.com.au/data/attachments/1357/1357151-63463eb6a1f718707b768cb5e4ed12f9.jpg

 
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