Re: re comparison
in response to
by
posted on
Oct 26, 2010 07:34PM
Keep in mind, the opinions on this site are for the most part speculation and are not necessarily the opinions of the company WITHOUT PREJUDICE
Here is the gold ounce count for that small area i just posted:
The new measured and indicated mineral resource comprises 1,316Mt (million metric tons) at a grade of 0.50 g/t gold (grams per metric ton) and 1.14 g/t silver, including 1,217 Mt at a grade of 0.20% copper. This equates to measured and indicated resources of 21.3M(million) ounces of gold, 48.4M ounces of silver and 5.3G(billion) pounds of copper (a total of 35.9M gold equivalent ounces**).
In addition to the indicated mineral resource, an updated inferred mineral resource of 458Mt at a grade of 0.35 g/t gold and 0.98 g/t silver, including 449Mt at a grade of 0.15% copper. This equates to in-situ inferred resources of 5.1M ounces of gold, 14.5M ounces of silver and 1.4G pounds of copper (a total of 9.0M gold equivalent ounces**).
TABLE 1 Mineral Resource Estimate for Large Open Pit Mining Scenario
OXIDE | Measured+ Indicated | 99 | 0.44 | 1.4 | 0.01 | 0.0 | 1.69 | 5.4 | 0.44 | 1.4 |
OXIDE | Inferred | 9 | 0.28 | 0.1 | 0.01 | 0.0 | 1.64 | 0.5 | 0.29 | 0.1 |
SULPHIDE | Measured+ Indicated | 1,217 | 0.51 | 19.9 | 0.20 | 5.3 | 1.10 | 43.0 | 0.88 | 34.5 |
SULPHIDE | Inferred | 449 | 0.35 | 5.0 | 0.15 | 1.4 | 0.97 | 14.0 | 0.62 | 9.0 |
ALL | Measured+ Indicated | 1,316 | 0.50 | 21.3 | 0.18 | 5.3 | 1.14 | 48.4 | 0.85 | 35.9 |
ALL | Inferred | 458 | 0.35 | 5.1 | 0.14 | 1.4 | 0.98 | 14.5 | 0.61 | 9.0 |
* Oxide resources are reported above a marginal cutoff of 0.2ppm gold-equivalents, sulphide resources are reported above a marginal cutoff of 0.3ppm gold-equivalents.