Following on from my previous post concerning Dome 5.
The average zinc does work out at just 1.51% when we consider a 1.75m thick average seam and another companies 13m thick seam. It's all about viability, costs versus amount of nickel and lead that can be produced (silver perhaps).
If other holes show average zinc higher at hole DF09 (3.4% at 3.45m thick seam), then parts of the area would be relinquished and others brought into play; I hope that makes sense.
When the results come for the next 5 holes, the 6th is in another zone of Dome 5, it should be possible to work out a range of nickel that could be mined, within certain parameters. I have information on 11 other similar companies to UXA as far as Dome 5 is concerned and a ball park figure is something I can work out from this. 6 companies have successful mines or up and coming mines, 3 have not finally decided and it could go either way, and 1 has relinquished their tenement and another has mothballed their tenement and may come back to it. UXA have the advantage of a possible copper/gold area to explore nearbye, so that could help make anything marginal at Dome 5 viable.
UXA Price at posting:
2.8¢ Sentiment: None Disclosure: Held
