Wolverine Resources Corp (WOLV)

[Mr. Zen]

I don't see why they won't be good but let's just remember that tonnage is just as important as grade, and the complete tonnage is not yet available. This first assay will give us a good idea of what is in the ground but not a complete view of the scope and depth of everything here.

Another company just did a feasibility study with a Proven Mineral Reserve of 411.1 million tonnes grading 0.32% copper, this gave the 23 year mine a 4.7 year payback period, after recovery of capital costs and before tax.

So yes grade is important but size is important too, and that will be determined in time, I am looking forward to the second drill rig and especially the IP survey, that will give us the view of the size of the deposit. A 30 year mine is a whole lot bigger than a 23 year mine, but either one is a mine.