aun.v - 'a 100 by 100 metre area ...
average width of 8.52 metres with average grades of
227 grams per tonne silver (7.3 ounces/tonne), - $85/t
1.28% lead, - $14/t?
3.65% zinc - $120/t
and 1.65% copper. - $125/t
Just rough numbers, and using current prices, this totals to ~usd344/t rock ... and only usd85/t is Ag, less than one quarter, yet we think of Aurcana as a silver miner, don't we, funny how that goes .... but, good thing the thread rules are loose enough to accept it -g- .... the more i look at aun the better i like it ... this second extension is only half the size but looks to be worth more/t, zinc is ~$200/t, copper ~$160 -
...50 metre by 100 metre extension
that averages 8.19 metres thick and averages
265 grams per tonne silver (8.5 ounces per tones),
1.85% lead,
6.17% zinc
and 2.15% copper.
A lot of these mexican 'silver' districts will have pockets like this all over ... some better than others, certainly, that's the way these things go, and some plays may not make it at all, there is that possibility ... but there is going to be huge money made overall, and imho a thoughtfully picked basket of them will look like a Really Good Idea in the hindsight of a year or two out |
