China drills a 4006.17 meter deep small diameter hole, finds 200 tons of gold.
(media.greatawakening.win)
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The 4.26gpt figure is likely already averaged out together with the other "useless" ores. Which usually contain copper/silver/molybdenum byproducts that also helps with reduction of extraction costs
So the press release by the Chinese media is probably completely honest and telling you the facts, right?
Doesnt really matter if they lie or not.
If it is not economically feasible to mine those ores, it wouldnt benefit them one bit.
If they lie, they wont mine the gold up. If the gold is in the ground, it is worth absolutely nothing.
My point is just that this is not an amazing story about how China has all these great riches. 0.15 oz per ton of ore. Meh.
An open pit mine is profitable at 1gpt even with ESG laws in place.
So this 4.26gpt is not insignificant.
Typically to interprete drill holes, you take the intersect length multiplied by the grade of the intersect. Anything that returns a figure greater than 100 is a significant result.
That being said though, the reliability of results depend heqvily upon the reliability the data collected.