Repost of some dd: The Allied concession incorpor
Post# of 1850
Repost of some dd:
“The Allied concession incorporates approximately 38 river km. The black sand deposit in the river starts from the center of the river and extends approximately 1km east and west. The area, designated as the ‘strip,’ has an average of 3.5 kilos of black sand per square meter, extending to the bedrock."
"In addition to the known mineralized material that is within the 200 meter wide strip of river, there is an additional kilometer on each side of the strip which is also very rich in black sand."
http://findarticles.com/p/articles/mi_pwwi/is...ntent;col1
So, trying to figure this out, theres two variables that we don't know, width and depth (if I am reading the above correctly). Let's assume the "strip" is 1m wide.
Length is 200m (200 m wide strip) + 2km (additional km per side) = 2200m.
2200m (L) x 1m (W) = 2200 sq/m
2200 sp/m x 3.5 kilos per sq/m = 7700 kilos black sand
7700kilos x 2.20 (1kilo=2.20lb) = 16940lbs
16940 / 2000 (lbs/ton) = 8.47 ton
8.47 t x $15,094 (recalculated with increased value of pgm's per ton 1/4/12 Sunergy PR) = $127,846 value of black sands per 1m width and 1m depth.
If this "strip" is 100m wide and 1m deep = $12,784,618
If the "strip" is 1km wide and 1m deep = $127,846,180
I believe that this "strip" runs deeper than 1m, but hopefully this excersize gives you an idea of the potential for SNEY in just a little over 2km of a 140.1 sq km concession.
edit: This is one of two concessions of SNEY, Ghana could be a source concession.....$$$$.
GLTU
GO SNEY
I HEAR THE DRUMS