EXU 0.00% 17.0¢ explaurum limited

Ugly result , yes well done to poster Atlantic , for getting the...

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  1. 23,765 Posts.
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    Ugly result , yes well done to poster Atlantic , for getting the total oz's correct .
    Guess need to look at it a bit deeper , cut off grade of 0.1 gram a tonne Au suggests very low cost mining even at 1 gram a tonne Au.
    Also it seems issue with the RC drilling and they would have been better off doing sonic drilling do get a result close to the higher grades reported by DD drilling sonic drilling I believe is very low cost , and also would indicate the ore would not need to be blasted for mining .
    I have sold down
 
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