Posted On: 09/23/2014 7:30:09 PM
Post# of 12259
The important numbers in the assay aren't the gold numbers, they are the total numbers. or MNGG the gold numbers are most important short term.
convert to pct here
http://www.rapidtables.com/convert/number/PPM_to_Percent.htm
gold .9 to 3 ppm take the 2 ppm sample would be .064 oz/ton
silver 11 to 41 ppm
copper 3500 to 6500 range
This is predominantly a copper mine, where the copper is left in tact. As with the Rosemont mine that sold for 500 million but was worth 1.2 billion, sold or hal price due to environmental concerns over a cat, this represents the identification of a copper resource.
It doesn't prove how wide or deep. That takes more testing.
compare Rosemont to this result
http://www.rosemonteis.us/files/technical-reports/011911.pdf
Metal concentrations in drill core from drillholes AR2000 through AR2014 range from 0-5.3%
Cu (90% of the concentrations are less than 2%), from 0-0.6% Mo (90% of the concentrations
are less than 0.1%), and from 0-70 ppm Ag (90% of the concentrations are less than 20 ppm).
SRMs used to monitor these concentration ranges adequately cover 90% of the reported values.
When you analyze the results in total it becomes potentially economically feasible. Very much in the range of Rosemont.
It has equal or greater initial testing of copper. Convert ppm to pct and we are between 3.5 and 6.5 %, 90% o Rosemont was 2%
This is an early stage rendition, but there is enough Gold to start digging. Maybe 20 mil worth that can be taken in a year.
(Thank johnnyrotten for this info)
convert to pct here
http://www.rapidtables.com/convert/number/PPM_to_Percent.htm
gold .9 to 3 ppm take the 2 ppm sample would be .064 oz/ton
silver 11 to 41 ppm
copper 3500 to 6500 range
This is predominantly a copper mine, where the copper is left in tact. As with the Rosemont mine that sold for 500 million but was worth 1.2 billion, sold or hal price due to environmental concerns over a cat, this represents the identification of a copper resource.
It doesn't prove how wide or deep. That takes more testing.
compare Rosemont to this result
http://www.rosemonteis.us/files/technical-reports/011911.pdf
Metal concentrations in drill core from drillholes AR2000 through AR2014 range from 0-5.3%
Cu (90% of the concentrations are less than 2%), from 0-0.6% Mo (90% of the concentrations
are less than 0.1%), and from 0-70 ppm Ag (90% of the concentrations are less than 20 ppm).
SRMs used to monitor these concentration ranges adequately cover 90% of the reported values.
When you analyze the results in total it becomes potentially economically feasible. Very much in the range of Rosemont.
It has equal or greater initial testing of copper. Convert ppm to pct and we are between 3.5 and 6.5 %, 90% o Rosemont was 2%
This is an early stage rendition, but there is enough Gold to start digging. Maybe 20 mil worth that can be taken in a year.
(Thank johnnyrotten for this info)
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