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0.00% 2.8¢ great western exploration limited.

Guys its just a simple weighted average, 4m represents 20% of...

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  1. mightNpower2
    1 Posts.
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    30/11/17
    15:24
    Post #: 29259242
    Guys its just a simple weighted average,

    4m represents 20% of the hole length so multiply each 4m intersection by 20%

    6.19x0.2=1.238
    2.8*0.2=0.56
    Add the results together = 1.798

    The remaining 60% of the hole would need to have a grade of -0.26g/t for the maths to work.
    i.e. 1.64-1.798 = -0.158
    0.158/0.6 = -0.26
    GTE Price at posting: 2.3¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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