Drilling Highlights 2006 - 2007
Hole No. |
Interval
From To (m) |
Length
(m) |
Silver
(g/t) |
Gold
(g/t) |
Copper
(%) |
Lead
(%) |
Zinc
(%) |
Silver Equiv.
(g/t) |
GRDD5 |
12-36m
incl 20-24m
incl 28-34m |
24m
4m
6m |
132
190
288 |
0.10
0.05
0.29 |
0.25
0.37
0.37 |
0.13
0.35
0.07 |
2.79
8.11
2.2 |
450
1021
586 |
GRDD6 |
26-66m
incl 28-37m
incl 39-51m
161-165m
253-257m |
40m
9m
12m
4m
4m |
184
662
67
94
97 |
0.23
0.43
0.20
5.84
0.03 |
0.26
0.67
0.22
0.17
0.01 |
0.01
0.13
0.01
0.07
0.00 |
2.50
3.28
4.20
0.01
0.00 |
483
1132
509
445
102 |
GRDD7 |
63-67m |
4m |
293 |
0.04 |
0.69 |
0.46 |
11.73 |
1526 |
GRDD8
|
23-46m
incl 30-35m
incl 55-62m |
23m
5m
7m |
230
704
233 |
0.19
0.68
0.42 |
0.43
1.19
0.39 |
0.43
1.72
0.06 |
2.64
6.58
4.26 |
586
1647
728 |
GRRC37 |
28-52m
incl 34-38m
incl 41-43m |
24m
4m
2m |
40
84
76 |
0.10
0.14
0.18 |
0.15
0.21
0.13 |
0.19
0.54
0.18 |
5.51
11.15
12.65 |
585
1170
1274 |
GRRC38 |
50 - 52
75 - 76 |
2m
1m |
130
132 |
4.07
0.31 |
0.28
0.37 |
0.12
0.10 |
0.82
3.51 |
485
550 |
GRRC40 |
56 - 58
& 86 - 90
& 99 - 100 |
2m
4m
1m |
633
129
74 |
0.27
0.08
0.31 |
0.67
0.37
0.47 |
0.05
0.01
0.28 |
9.74
1.45
12.2 |
1681
344
1314 |
GRRC41 |
31 - 35 |
4m |
61 |
0.18 |
0.39 |
0.15 |
4.91 |
609 |
GRRC42 |
50 - 51
90 - 91 |
1m
1m |
817
131 |
0.12
0.11 |
1.42
0.12 |
0.07
0.09 |
5.77
0.06 |
1654
170 |
GRRC49 |
131 - 133 |
2m |
87 |
0.03 |
0.25 |
0.05 |
1.65 |
293 |
GRRC050 |
98 - 100 |
2m |
75 |
0.03 |
0.14 |
0.03 |
0.23 |
128 |
GRRC51 |
128 - 129 |
1m |
139 |
0.03 |
0.38 |
<0.01 |
0.75 |
290 |
GRDD20 |
123 - 124 |
1m |
219 |
0.01 |
0.01 |
<0.01 |
0.02 |
224 |
GRRC26 |
16 – 30
(incl 16 – 22)
30 - 70
(incl 60 – 70)
76 - 78 |
14m
6m
40m
10m
2m |
80
165
42
128
- |
-
0.12
-
-
3.16 |
2.94
3.56
0.65
0.8
- |
-
-
-
-
- |
-
0.3
-
0.36
- |
349
558
101
277
170 |
| GRRC29 |
76 – 78
46 – 72
(incl 50 – 58) |
2m
26m
8m |
507
46
70 |
1.07
0.16 |
23.3
4.34
9.56 |
-
-
- |
0.72
0.18
0.28 |
2,830
479
1,007 |
| GRRC30 |
52 – 58
(incl 56 – 58) |
6m
2m |
126
304 |
0.13 |
4.23
7.42 |
1.48
0.74 |
0.29
0.62 |
622
1,143 |
| GRRC32 |
84-94 |
10m |
100 |
0.21 |
2.49 |
- |
0.32 |
395 |
Note:
- True widths of the intervals quoted are not listed, as the orientation of the mineralisation is uncertain.
- Macmin Silver Ltd is primarily a silver exploration and mining company and as such reports silver equivalent values to provide shareholders and investors with a more easily quantifiable basis for comparison with other silver-bearing projects where the metal ratios are different from those at Tally Ho.
- It is the Company’s opinion that each of the elements included in the Silver equivalent calculation have a reasonable potential to be recovered if the project proceeds to mining, however no metallurgical testing to determine recoveries has been undertaken to date.
The calculation process and metal prices in the calculation of Silver equivalents are:
|
Metal |
Price in AUD |
Factors |
Value Calculation |
Metal value in AUD |
|
A |
|
B |
|
C |
|
|
|
1 |
Silver |
|
g/t |
$15.00 |
per oz |
31.1035 |
gms per oz |
1A x 1B/1C = |
M |
2 |
Gold |
|
g/t |
$800.00 |
per oz |
31.1035 |
gms per oz |
2A x 2B/2C = |
N |
3 |
Copper |
|
% |
$4.66 |
per lb |
0.045359 |
% per lb |
3A x 3B/3C = |
O |
4 |
Lead |
|
% |
$0.66 |
per lb |
0.045359 |
% per lb |
4A x 4B/4C = |
P |
5 |
Zinc |
|
% |
$2.00 |
per lb |
0.045359 |
% per lb |
5A x 5B/5C = |
Q |
Sum of metal values
Metal equivalent in Silver g/t |
S =
ME = |
M+N+O+P+Q
S / 1B x 1C (g/t) |
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