Re: REALITY OF OUR NUMBERS cont....
in response to
by
posted on
Jan 08, 2011 11:51PM
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
So, this far, by what I showed, it should be reasonable to say that this deposit is contained in a SMALLER area than 1200m LONG x 1200m WIDE x 1200m DEEP, or 1200m cubed. The TESORO is roughly 7km x 2km( i think a little bigger), so it should be safe to say that you could fit 9 of these deposits into the Tesorro area.
Some may say, "the 1200m is pretty deep, how do we know we have gold that deep?"
1) we are a mesothermal system, these systems can have gold down to 5KM.
2) what brought the high grade gold to the surface of the Tesorro originated deep in the earth.
3) the deeper we mined the a-4 and c-1 veins, the higher the grades of gold
4) the Dynacor deposit is beleived to be part of the same system as ours, EXCEPT, they are at an altitude of 1800 meters below us. They have gone 800 meters deep from their surface, and are still encountering high grade gold.
5) the Quantec images are showing the tops of some huge anomalies at the 500m level, as to date, we can only see down 750 meters and these things keep going.
So, if we can fit 9 of their low grade deposits into the Tesorro, that should tell you right there that 9 x 21.3million ounces(The Capishe resource) =191.7 million ounces of gold could be contained on the Tesorro. BUT WAIT, I forgot to calculate in the Inferred rsource of the Capishe, which was 5.1 million ounces. So, multiply that by 9 also, gives you another 45.9 million ounces to add on for a grand total of 237.6 million ounces of gold. Dont forget the average grade, which is probably 0.44 g/t used in these calculations.
Still say its not highly possible? Go back to the average grade of the Capishe resource, remember the grades, here they are again: 21.3 mil ozs @0.50 g/t and 5.1 mil ozs @ 0.35 g/t. We have taken out of the C-1 vein bulk material averaging over an oz/t or over 31g/t , we have taken bulk material out of the A-4 vein averaging .75 oz/t approx or 23g/t. Our Northern neighbour Dynacor has an average grade of one of their resources there of 16g/t.
Here is a table of the Capishes highest intercepts that I can find;
CSR-002 | 52 | 76 | 24 | 1.1 | 23 |
CSR-002 | 172 | 178 | 6 | 1.7 | 16 |
CSR-006 | 144 | 166 | 22 | 1.5 | 1.6 |
CSR-008 | 42 | 58 | 16 | 1.3 | 5 |
CSR-010 | 166 | 202 | 36 | 1.3 | 26 |
CSR-011 | 96 | 108 | 12 | 1.2 | 4 |
CSR-012 | 94 | 110 | 16 | 2.1 | 2 |
CSD0040a | 232 | 242 | 10 | 3.5 | 32.6 |
So, if we say our grade is 1g/t (I beleive I have shown enough evidence by now to support that), we should be able to say we may have double the calculated ounces I said above at 0.44 g/t, which was 237.6 million ounces.
This is all in my opinion and is partly how I do my DD (due diligence). I beleive Exeter Resources has an excellent deposit and are now trading at roughly 7 or 8 bucks per share with potential to add to there current resource. Here is a link to their site so that my calculations can be verified
http://www.exeterresource.com/chile_caspiche.php
CONCLUSION
Its here in black and white, and in colors (if you want to look), just like Aurealian.
THE END
NO WAIT!!!
I forgot to assign any value to all the new properties we staked surrounding the Tesorro. I bet if I assigned a gold grade of 0.20 g/t for the rest of these, that I could very easily find another 200 million ounces of gold. But that will most likely be another time, we dont have anything to work with on that property yet besides the proximity factor.