The orebody isn't going to be that compact, it's going to be spread out, methinks.

But yes, by Glorieux's numbers, proving 6M oz Au should see GNH double in price by Xmas, as a conservative estimate. If the drill program results also contain hints at other similar-sized structures elsewhere on GNH properties, that should give a premium to the price. So, some numbers released for the Big Red Blob would be a nice kick.

Of course, you'd be assuming that the market hasn't already priced in GNH's proving up of 100Mt. I wonder what they're assuming GNH already has right now? What's been proven to date, if anything?

And the value of the gold they find also depends on how mineable it is - strip ratios for open pit, vein thickness for underground, yadda yadda.