EXPLORATION & DEVELOPMENT

Lode investors like very high grade silver equivalent drill numbers

LODE Resources’ shares have surged after the small-cap company reported drill hits headlined by nearly 6m grading more than 1000 grams per tonne silver equivalent at the Tangoa West prospect in northeastern New South Wales.

Coarse blebs of galena from recent drilling

Coarse blebs of galena from recent drilling

Lode, which started the quarter with A$2.9 million cash, said the hit came within a broader zone of 26.7m at 399gpt silver equivalent.   The silver equivalent numbers comprise 115gpt silver, 6.5% lead,...

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