All indications have the silver mineralization clearly trending on to FMG property...the rock sampling and initial drilling supports that. Values of Dianna zone had gold around .60 g/t and silver around 180g/t. In todays market given the prices of silver...it is where the action is . For example Corex our neighbour has been drilling for past 3 years and finding lot's of gold but no silver following is a comparative value of a ton of rock on CGE's property compared with Fmg.
CGE ...1g/t of gold..equals approx $50.00 per ton value.
Fmg .6g/t...gold equals approx $35.00 per ton value
Fmg 180g/t..silver equals approx $280 per ton value.
I am told that open pit mining with all this sitting close to surface is pretty inexpensive maybe $30-40 per ton maybe less so I suppose CGE could have a profitable ore body.
Fmg's total value per ton for both gold and silver is potentially around $315 rock value/ton......based on limited drilling.
The numbers tell the story.