Click on Cesar Lemas “see report”. Pretty strong stuff there!!!
“Mexus’ diamond drilling project, which was scheduled to start on September 15, 2014 is now scheduled to start October 20, 2014. The contracted driller, Matt Westervelt, had medical issues which caused this delay. Mexus has already drilled four diamond NH drill holes to 200 feet. On September 25th, the first 108 feet were delivered to a Reno, NV assay company. The results of this assay will be released when received. These first four holes were drilled in a shear zone identified by our geologist, Cesar Lemas. (see report)”-
Cesar lays it all out advising need for deep drills. Depth to work seems about 1000 meters to veins narrows. That’s a kilometer deep! Look at highest PPM Au of 1.36. To get oz/ton divide by 2200, multiply by 2000 and again divide by 31.1 grams per troy oz. Comes to .04 oz/ton. POG $1200 earns $48 ton of ore. That’s leach value plus silver to add in. Those areas working at 1000 ton daily make $48K! Toss in really hi grade shaft stuff at least .5 oz? Each 20 ton hoist brings $12K milled out. Ball mill doing 60 tons is $36K. $48K plus $36K is $84,000. $84K here, $84K there starts to be real money! Crush up to 5K daily makes $240K leach and mill can do 80 tons easy AND enlarge with another mill as planned all along. Getting along toward $100,000,000 yearly. $100 million here , $100 million there ……..8
http://gpex.ca/smf/index.php?topic=3037.0;wap2
easiest is PPM is grams per ton so divide by 31.1. 1.36 PPM is .0437 oz/ton. POG $1200 =$52.44