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Sunday, November 21, 2010 3:04:04 AM
As I have pointed out before a number of of times these grades have very little value as long as we don't know the width of the intersections in which they have been found. Normally the width of the intersections is published and that has been done with some other previous holes. They resulted in quite good numbers. Especially there was an intersection with silver that had a very wide intersection (almost 30 meters I think).
Just think about it: if you find an intersection showing 100 grams of gold per tonne that is 4 centimeters wide but is 500 meters below the surface that gold will be worthless because it will cost more to extract it than the value of the gold. This example shows why the numbers you publish have very little value in themselves.
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