best article yet, so some gold equivalent calcs from that:"...It shouldn’t be done, but we’re going to do it anyway – on a gold equivalent basis, you’re looking at 43g/t. (40%Zn)
Apply a possibly conservative 25% zinc equivalent grade, and the lens would be very meaningful in terms of contained metal value.
As a very rough guide, the lens looks to be good for say 500,000t to 750,000t of mineralisation after taking in to account high-grade hits encountered in half a dozen or so nearby holes...."
43g/t = 40%Zn 25%Zn=26.9g/t gold = $39/g
on 500k t and 25%Zn
500,000x39x26.9 = $524m approx
or if we take the 750k t and 25%Zn
750000x39x26.9 = $786.8m approx
just the lens not the entire 2kms, and we know that these massive sulphides both pool and flow so percentage chance is more of this is not yet discovered.
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best article yet, so some gold equivalent calcs from that:"...It...
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