AUL 7.25% 32.0¢ austar gold limited

Ann: Production to commence at historic Victorian gold mines, page-177

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  1. 16,136 Posts.
    lightbulb Created with Sketch. 53
    "
    That would have to be the luckiest drill core in the history of mining if that were the case...​
    "

    You obviously have no idea how drill sampling works, and how small a quantity

    of gold that needs to be found in a single 50 mm hole, to give the (gpt result)

    Picture drilling some holes in a grid pattern, 1 mtr x 1 mtr.

    How much gold would they have found in one core, to give a 50 gpt valuation?
 
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