Re: Resources
in response to
by
posted on
Jul 19, 2009 03:17AM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
Maybe they are talking about tons of ore?? Open pit copper mines always like to use those numbers maybe open gold mines like to refer to the same.
I don't think so, the numbers are different than Slug posted:
Proven and probable - 2.169
Measured and indicated - 3.188
http://www.sangoldcorp.com/index.php?id=89
Something is not quite right here. On SGR's site, the total resource is ~6.3M t, and the split is quite different:
Tons |
Grade Oz./ton |
Contained Ounces |
|
RESERVES | |||
Rice Lake Mine | |||
Proven Mineral Reserves |
389,600 | 0.26 | 98,970 |
Probable Mineral Reserves |
597,100 | 0.28 | 162,700 |
Total Proven plus Probable Reserves |
986,700 | 0.28 | 261,670 |
San Gold #1 Mine | |||
Proven Mineral Reserves |
75,950 | 0.14 | 10,280 |
Probable Mineral Reserves |
180,150 | 0.26 | 47,100 |
Total Proven plus Probable Reserves |
256,100 | 0.22 | 57,380 |
Cartwright Zone | |||
Probable Mineral Reserves |
54,700 | 0.27 | 14,270 |
Rice Lake Project Total Reserves | 1,297,500 | 0.26 | 333,770 |
Note –the measured and indicated resources include the proven and probable reserves | |||
RESOURCES | |||
Rice Lake Mine | |||
Measured Mineral Resources |
320,100 | 0.28 | 88,530 |
Indicated Mineral Resources |
644,000 | 0.29 | 186,770 |
Total Measured and Indicated Resources |
964,100 | 0.29 | 275,300 |
Inferred Mineral Resources |
1,879,500 | 0.29 | 551,620 |
San Gold #1 Mine | |||
Measured Mineral Resources |
69,000 | 0.15 | 10,280 |
Indicated Mineral Resources |
214,200 | 0.24 | 52,150 |
Total Measured and Indicated Resources |
283,200 | 0.22 | 62,430 |
Inferred Mineral Resources |
936,500 | 0.22 | 206,900 |
Cartwright Zone | |||
Indicated Mineral Resources |
136,200 | 0.22 | 29,830 |
Inferred Mineral Resources |
1,761,200 | 0.22 | 388,940 |
San Gold #2-3 Zones | |||
Indicated Mineral Resources |
173,100 | 0.20 | 35,320 |
Inferred Mineral Resources |
195,600 | 0.26 | 50,210 |
Rice Lake Project Total Measured plus Indicated | 1,556,600 | 0.26 | 402,880 |
Rice Lake Project Total Inferred Resources | 4,772,800 | 0.26 | 1,197,670 |
Note –the measured and indicated resources include the proven and probable reserves |
The information in the above table is from the technical report by ACA Howe International Ltd., December 2006. The full report can be accessed through the link below:
ACA Howe Report, December 2006 (7.8MB pdf file)
ACA Howe Report, May 2005, San Gold #1 Deposit (3.8 MB pdf file)
ACA Howe Report, February 2004, Rice Lake Mine (15.6 MB pdf file)