hog or bow2u
posted on
Dec 18, 2010 06:36PM
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
Is there any way you could paste a drill hole on pg 251 of the technical report and post it here. You would collar the hole from approx 10m west of the Main extraction shaft, with a dip of 25 degrees, azimuth of 90 degrees, to a depth of 120m on the vertical, approx 108 m on the drill core.
It doesnt seem unreasonable to use an average grade of 15g/t over the entire 108m. Compare that with the best drill results of Arequipa, Andean, Aurelean etc. This is our highest grade vein to date that we have samples from,the C-1. This is not guess work here that I am trying to portray, this is almost fact from compiling the data we have been given.
We have had samples of the host rock containing between 1 - 2.5 g/t, add that to the high grade vein material and get your average. The problem I have with that though, is when calculating gold in a drill hole, the section is cubed into metrics of tons. If your gold veins are close together, the grade may shoot up as you hit the outside portion of the cube, hence, pushing up the entire average grade. Although a next hole drilled double the distance of the cube away, should surely hit new uncalculated dirt, it is possible that a high grade vein would be missed and significantly drop the grade. This can work both ways, thats why you drill a lot of holes, to take this margin of error to its lowest.
I guess what I am trying to say, is that there could be holes drilled here that will average 2g/t and holes that could average 7 or 8g/t or IMO more. This would bring me to Hogs and Bow2u,s numbers.By taking what I think is a reasonable average grade of 5g/t , over 3/4,s of the OLD Tesoro property, and use a 200m depth, how many oz,s gold would that give you?
If you are willing to do that, could you give some credit to the new claims, using an average grade of 1g/t and add that on to the Tesorro oz,s. thanks in advance
I,m telling you, I am thinking of putting every dime I have into this company, someone please tell me that I am making a mistake!