This is a very rough resource estimate taking certain assumptions and ignoring holes drilled with not much resource found.
Starting with hole 11DF12 and guessing that on average the result from each hole will continue midway between each other hole or 125 metres to an outage position where a hole will be drilled later. This would show the area for 11DF12 at 125m x 125m = 15,625 sq mtrs; and x 4.29m interval (thickness of seam) = 67,031 cubic metres.
Average zinc is 10.10%, lead 3.04%, and silver 49.84 ppm of silver.
Total zinc = 67,031 x 10.01% = 6,770 cubic metres 1 cubic metre of zinc weighs 7.135 tonnes therefore guessed resource = 48,303 tonnes of zinc.
Total Lead = 67,031 x 3.04% = 2,037 cubic metres 1 cubic metre of lead weighs 11.34 tonnes therefore guessed resource = 23,107 tonnes of lead.
Total silver = 67,031 x 49.84 divided by 1 million = 3.34 cubic metres. 1 cubic metre weighs 10.49 tonnes. therefore guessed resource = 35.04 tonnes.
Total overall resource at hole 11DF12 = 71,445 tonnes. (hole 11DF12 has a resource about 45% above expectations and is an excellent result).
UXA Price at posting:
2.7¢ Sentiment: Hold Disclosure: Held
