Wayne here is my breakdown of the value
South Tambang Zone 3,886,000 Tonnes of ore body to process
3,886,000 X .57 g/t gold = 2,215,020 grams X.029 = 64,235.58 oz of Gold
3,886,000 x 121 g/t Silver = 470,206,000 grams x.029 = 13,635,974 oz of Silver
Gold 64,235.58 X $300.00 = $19,270,674.00
Silver 13,635,974 X $5.00 = $68,179,870.00
Total value of South Tambang Zone $87,450,544.00
Jambi Zone 2,909,000 tonnes of ore Body to process
2,909,000 x 1.62 g/t Gold = 4,712,580 grams x .029 = 136,664.82 oz
of Gold
2,909,000 x 10 g/t Silver = 29,090,000 grams x .029 = 843,610 oz
of Silver
Gold 136,664.82 x $300.00 = $40,999,446.00
Silver 843,610 x $5.00 = $4,218,050.00
Total Value of Jambi Zone $45,217,496.00
Total of the 2 Zones $132,668,040.00
this is excellent in the fact that there is still 30 more zones to be reported on plus the 29,7 property next door.
Good Day,
GF |
