Base point. Lets assume for a moment a grain is 1mm cubed. 1x1x1.
There are 1000 mm3 in a cm3.
Let’s assume the grain =1mm
150 grains=150mm3
1000mm3(1cm3) of gold is approx 20grams.
150/1000 x 20 = 3gms
3gms/kg is 3000gms/ton
In OZ terms that’s ~100oz/ton on a grab sample.
Let’s say the grains are 0.3mm3 average.
That’s still around 30 oz/ton or around 100g/ton.
Even a very conservative dilution here results in a significant potential grade.
Still only a small (random) sample, but nonetheless very encouraging.
MZN Price at posting:
1.2¢ Sentiment: Buy Disclosure: Held