Below is the table of 1m splits for the [email protected]/t interval from the announcement. It looks like the gold is pretty well distributed (not all narrowly concentrated) and the vein at this point looks wide enough that they shouldn't suffer internal dilution because they need to take unminerlised ore from outside the stope boundaries to make the stope wide enough for equipment. Also the lower grade halo around the high grade ore (2.1g/t, 4.3g/t, 3.6g/t) should allow them to control stope dilution from stope wall over-break. The width of this intersection (although we don't know the true width yet) seems very encouraging. All they need is more intersections like this one and for the deposit to hang together.
I'm pretty sure this announcement would have had more impact if they had have published the grade of the high grade 4m interval sitting just 5m meters below the [email protected]/t interval. Looking forward to seeing what the 1m splits look like there. Let's hope the gold in that interval is also distributed fairly evenly. Eshmun
MGV Price at posting:
8.2¢ Sentiment: None Disclosure: Held
