Ni, Co, Cu, PGM, Au Properties in Ontario Canada

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Message: Re: I Don't Get It! -Wanderer
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Re: I Don't Get It! -Wanderer

posted on Sep 04, 2008 12:04PM

ExSudbury Guy you just proved my point that you are deadly wrong. The difference between indicated & measured mineral resource is the drill spacing. These two can be added together as a resource because of the orebody. An inferred resource cannot be added to either. Measured is more tightly drilled then indicated but in a continuous resource they can be added together as a resource. Inferred resorce cannot be added to either. It gives potential to a measured resource.

As far as McWatters goes PR dated 02 Apr 2008 state that "The feasibility study demonstrates that the project has a potential mine life of 28 months, achieving full production by month 12. Full production is targeted at 36,000 tonnes per month or 1200 tonnes per day. ...producing pre production by month 6 at an average preproduction rate of 7900 tpm.

By mt math that is 22 months x 30 = 660 days.


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