for comparison
posted on
Jan 27, 2012 04:34PM
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 another company that did the same thing we did in regards to delineating a resource/mineralization. Below is the words they used;
These drill results include two delineation drill holes testing the boundaries of the Breccia Zone, one hole that followed up the new discovery announced with AP-11-67 (November 28th, 2011 PR)
http://www.kitco.com/pr/2877/article_01272012103231.pdf
So, you see, its not unusual that we drill around the perimeter, other companies do it as well. NES, had a nice intercept awhile ago when they drilled down dip a structure, now they have to define the edges of the mineralised structure.
McElhanney will be using our definitions to calculate an estimate on resource in the future, much the same way Hog showed us awhile back. Kriging is a good way to get a reasonable exceptable estimate of resource that is accepted by industry.
IMO