More great results from Terneras East but we only get a ten cent rise in price and for how long?
Drill hole TE08-01 averages to 31 grams ( one oz.) of gold equivalent and the width is two meters. That is a fantastic grade and the width is wide enough that little waste needs to be taken out to access it. This should propel us to at least two bucks. Well maybe not on its own but combined with previous results from this vein system, this is a no brainer.
Drill Hole TE08-03's worst sample #50490 has 9.5 g/t Au equivalent over 35 cm, that is nothing to sneeze about, it should pay for the digging and processing.
And we get a ten cent pop??!
These kinds of drill results just point out that not only are we confident of a billion Ag ounces, but that these veins are interconnected and the possibility is there of the once suggested two billion oz. when more extensive drilling is added in the years to come.
It is no wonder we get frustrated.