Dutch Gold Resources Inc. (fka DGRI)

[DRCAL]

Ounces per ton with decimals such as .10 oz is the easiest method. A person can multiply that number by the dollar price of gold. For example 1 oz = $1,480 and .10 oz = $148 per ton. Grams are often used for lesser deposits while parts per million (PPM) are for rare earth elements or a trace of precious metals not worth mining.
One significant point concerns the amount of silver present, It has been estimated that Basin Gulch has 10X the amount of silver oz than gold. Given a scenario of 1 oz gold and 10 oz silver per ton, the silver pays for about half of the mining costs so the mine makes more profit from its sale of gold. This is a very important point regarding mine profitability.