SXG 2.42% $2.96 southern cross gold ltd

the Dulcie results are unspectacular (Cut off 0.4) looks like...

  1. 23,765 Posts.
    lightbulb Created with Sketch. 258
    the Dulcie results are unspectacular (Cut off 0.4) looks like around a .8gram a ton Au laterite project for heap leaching
    Looks to be a footprint of around 500,000 metres squared so could be a 100,000 ounce plus resource if they have 6 vertical metres of laterite
    ((500,000* .7grams)/31) *1.7SG =19000 ounces per vertical Metre
    Advantage is guessing no strip and potential to heap leach.
 
watchlist Created with Sketch. Add SXG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.