FNT 0.00% 0.7¢ frontier resources limited

190.1m @ 1.03 g/t aueq

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    Using AuEq = Au + 2*Cu, then the Au and Au-Cu zone of 190.1m @ 0.55 g/t Au + 0.24% Cu equals 1.03 g/t AuEq.

    I am happy with this for 1st poke in the ground.

    Expect many holes better and worse than this over the next few years. Indications are that hole 2 will be higher grade.

    Some nice 300-600m intersections at around 1 g/t AuEq when the big rigs arrive will turn some heads.

    Intrepid had market cap of >$1bn at one point with grades not too dissimilar to what FNT has. The key is in getting the tonnage.
 
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