Grade variability is one of the most underappreciated risks in junior mining.
Grade variability measures how much mineral grades fluctuate across the deposit from rich pockets to surrounding lower-grade or waste material.
Some deposits are relatively consistent, others swing dramatically over short distances.
High variability is a serious technical risk because it makes resource estimation less reliable, complicates mine planning and selective mining, increases dilution, and frequently causes painful production surprises when actual mill feed deviates sharply from the model.
That’s why the question to ask is always the same: how consistent are those grades across the entire body?
Ask & dig.
I did, in our recent CEO interview with @GRSilverMining $GRSL.V.
The CEOs answer is in the clip below.
Full interview on YT and wherever you get your podcasts.
@NeilRingdahl Neil you comment on many things sometimes critically , when do you offer something for mintwit? You embody mintwit and you self parody (hopefully) again though, what do you offer? Big trucks having failure points is kinda old at this point.
@MarkHertling American is letting them dismantle itself and everyone cry’s on Twitter about it hoping for clout instead of doing something about it. You sir are very much part of America’s problem…
@ramez No it’s not. It’s a reflection that America elected him. Trump is inconsequential (or should be) in the long run, that America would elect him twice is deeply disturbing and highlights it’s dysfunction to the world
@Comm_Invest However the market spoke in the last couple of hours, albeit timidly. The algos lead sentiment hour by hour but never change it in the mid term. Once the emotion fades a bit the economics in the PM/U space are overwhelming…
@gtconway3d Honestly it’s getting weird now that people like you keep trying to draw outrage that Trump lies… FFS everyone knows he lies… what are you doing about it other than trying to bait eyeballs…
Unpopular Canadian Conservative Opinion,
Carney is plugged in. Such a good perspective and a great Statesman in the middle of a world full of foolish people.
I am good with him representing my views internationally…