Re: The good news was,,,
in response to
by
posted on
Nov 21, 2011 11:49AM
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
To me, the shallow drills would reach into the top of the large anomaly. The deep drills are designed to verify that the gold concentration is scattered throughout the anomaly and secondly to see what the central (pink) part concentration is. We (the Royal we) anticipate that that portion, (which is about half of the total and based on the higher chargeability 18 vs. 16) would turn out to be higher grade, and secondly the Royal We also expect that the concentration of gold below that part will demonstrate that the grades get better with depth.
Referring to my last post, if we have 105 M ounces of gold calculated @ i gm per ton, and given that with the pink area being a little better than Goldcorp's Red Lake mine my ego reached for the calculator and @ 30 gms per ton x 105 the shaky computer put out an answer of 3150 million! Not wanting to be laughed at, I'm still going with 105 m. All IMO.