Question-and-Answer Session
Operator
Thank you, ma'am. Operator instructions. Your first question comes from the line of Anthony Sorrentino with Sorrentino metals. You may proceed.
Q - Anthony Sorrentino, Sorrentino Metals
Hello, everyone. Would you go into further detail as to the assay results that you've received at West Gallagher?
A - Phil Baker
We can talk generally about them. It is fairly complex, Anthony, because you're talking about a very folded deposit and you're talking about assay results not only for silver but gold, lead and zinc. I will let Ron make some additional comments, but I think the message to take from the assay results that we've seen is that it is consistent with the sorts of grades that we've seen in the other eight deposits that we've been mining over the last 20 years.
A - Ron Clayton
I guess the only thing I would add to that is we have about 25% of the results back. They're consistent, there are some nice high grades and there are some average grades for the ore bodies that we've seen. I think the other real encouraging part of this is that it's still open in two of the directions after the drilling, based on the grades and assays we're seeing. So we're expecting more.
A - Phil Baker
If you look at our press release that we did February 14th, Anthony, it has the grades of the existing proven and probable reserves and one of the things I did when I got the assays is I sat down and looked at each of them and compared them to the reserve grades that we have. They matched up quite nicely. However, this is early in knowing exactly what the grade would turn out to be from a mining plan. We're encouraged.
Q - Anthony Sorrentino, Sorrentino Metals
OK. What are your plans for accessing the deeper levels of Lucky Friday?
A - Phil Baker
You're saying below the 5900 level?
Q - Anthony Sorrentino, Sorrentino Metals
Yes, your longer-term plans or at least the options that you might be considering.
A - Phil Baker
We're in the process of evaluating that. At this point, we have a mine plan that takes us down to? the 6100 level?
A - Ron Clayton
63.
A - Phil Baker
The 6300 level. We have drill results at the 6400 and 6900 level and those have all been extremely positive. We're encouraged by that and so we are starting the engineering process for how we would access that. There's a lot of things to take into consideration and we haven't come to any conclusions on even the direction that we'll go in. But I think it's fair to say that we don't see any sort of show stoppers at being able to access that material at some point in the future.
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