TAM hole 13 vs Alpala hole 510 Sep 2021 12:42
Happy with the RNS, but did a quick comparison of hole #13 of TAM against hole #5 of Alpala. I understand now why the reaction of the stock market is a bit lukewarm. TAM hole 13 has about half the grade of hole 5 from Alpala. Also the higher grade portion of hole #13 sits between 400 and 600m below surface.
TAM-13
1,010m @ 0.55% CuEq, including:
824m @ 0.63% CuEq
736m @ 0.69% CuEq
392m @ 0.93% CuEq
132m @ 1.09% CuEq
Alpala-5
1,170m @ 0.95% CuEq, including:
536m @ 1.60% CuEq
416m @ 1.84% CuEq
I used the 27th of February 2014 RNS for Alpala hole 5 and the 10th of September, 2021 RNS for Tandayama-AmerĂca for hole 13. Calculation CuEq = Cu + Au x 0,751