Definition
What a drill intercept tells you
A drill intercept pairs a grade with a length. At Basin Gulch, Lannister Mining reports gold grade in grams per tonne (g/t Au) and interval length in both meters and feet. A long interval at modest grade, such as 0.66 g/t over 326 meters, points to a broad mineralized body. A short interval at high grade, such as 156 g/t over 3 meters, points to a rich zone or structure inside it.
Three of the five highlights start at surface. For an oxide deposit, near-surface mineralization matters because it is the material reached first. Lannister Mining describes this setting as giving significant implied flexibility for future mine design optimization.