AUL 7.25% 32.0¢ austar gold limited

"Flat deposit - A mineral deposit occurring as a horizontal or...

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  1. 9,999 Posts.
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    "Flat deposit - A mineral deposit occurring as a horizontal or gently dipping body, usually at an angle of less than 20 degrees"

    https://www.open2study.com/sites/default/files/MENG - Glossary of Terms.pdf

    I measure around 30-degrees.

    As for dilution, yes there will always be dilution in narrow vein mining, that is why grade is important. If we use 60g/t as the average grade based on the 9m odd cross drilling and apply the 2m height, and use 4g/t as the break even point, then anything over 0.14m thick would be profitable. We don't have true thickness yet but we have a section on the edge of the zone 0.3m thick.
 
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