My geologist friend gave me a detailed report on his analysis that is too technical for the average layman; however, the following quote is a brief summary of his comments:
"These grades are not high enough for underground mining without some higher grades to help the cause and they will have to strip a lot of trash off the top to get to this ore in an open pit (again some higher grade or a lot more areal extent or both would help pay that stripping cost). Maybe with further drilling they will come up with some higher grade areas to help the cause and/or expand the size of the deposit. From what I see here so far I wouldn't get excited yet. Expanding low grade ore to depth and a $1.50 will buy you a cup of coffee. Too early to tell."