LRC 0.00% $3.54 laguna resources nl

CerberaRead the LRC announcment.If you dont understand it...

  1. 2,843 Posts.
    Cerbera

    Read the LRC announcment.If you dont understand it contact the company they will tell u in laymans terms.Laying out your calculations are misleading and meaningless.They do not correspond with LRC JORC complaint resource as stated below::::
    1.1 million gold equivalent ounces at an average grade of 1.5 g/t gold equivalent
    for a 0.7 g/t gold equivalent cut off grade
    This is a 60% increase in Total JORC Resource

    Cut-off grade
    JORC
    Ounces, thousands
    g/t AuEQ60
    Category
    Gold
    Silver
    AuEQ60
    Zero cut-off grade
    Indicated
    87
    19,503
    412
    Inferred
    302
    43,725
    1,034
    Total
    388
    63,228
    1,446
    0.5 cut-off grade
    Indicated
    78
    18,596
    387
    Inferred
    253
    37,596
    870
    Total
    332
    56,102
    1,257
    0.7 cut-off grade
    Indicated
    72
    17,751
    369
    Inferred
    208
    31,075
    725
    Total
    280
    48,826
    1,094
    1.0 cut-off grade
    Indicated
    65
    16,220
    334
    Inferred
    142
    22,058
    510
    Total
    206
    38,278
    844
 
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