Massive Black Horse Chromite Discovery

Black Horse deposit has an Inferred Resource Now 85.9 Million Tonnes @ 34.5%

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Message: Re: Saying without saying...
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Sep 05, 2013 01:34PM
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Sep 05, 2013 02:53PM
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Sep 05, 2013 03:09PM
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Sep 05, 2013 03:57PM

Barbu,

Very interesting observation.

There were all kind of questions when I read the passage. So,

- The NI rules don't allow use of data on neighbour claims?

- Who is in possession of the cores (the mis-drilled portion) and the analyzed data. KWG or NOT. Presumably, KWG has the samples have them analyzed and the results are shared, since it would be of mutual interest to show that the two deposits are linked together, hence they could be developed as one.

- The data of the mis-drilled portion were not given to the report author by KWG, and not NOT?

Anyone got any answers or guesses for those questions?

Yes, it's clear as mud...but the bottom line if sizable deposit @ excellent DSO grade.

Why not bring in PRB Black Creek (excellent grade as well, smaller deposit, but large enough to begin with...and open pit-able, faster to develop?) to make the situation more interesting.

goldhunter

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