Welcome To the WIN!!! St. Elias Mines HUB On AGORACOM

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

Free
Message: Less Than a Gram

Interesting news today posted by Sculpin. I posted the numbers after, figure out the price per OZ etc. Still makes our potential look very attractive, IMO. Looking at all this again, something hit me, take a look at these numbers again from the NR:

comprising 35 million tonnes at 0.82 g/t gold for 0.93 million ounces of indicated resources and 204 million tonnes at 0.91 g/t gold for 5.94 million ounces of inferred resources.

Notice any numbers over 1g/T? Nor do I! Both these are below 1g/T, we did not get to see these numbers in our NR!

But, we sure all put so much emphasis on the first 11 holes of ours, but all they reported was anything over 1g/T, and, only partial results! I always said, I sure wish we could see what was 0.3g/T and above. Or for sure 0.5g/T and above.

Take a look also at the NR, the 35 Million Tonnes & 204 Million Tonnes, that would = 239 Million Tonnes

When you do the Math on the Zona Central Anomaly, ONLY, remember you get 3978 Million M3 X 2.75 T/M3 you get:

10939.5 Million Tonnes ! Yes the Math is Correct! Over 45 times more than what was reported in this NR!

Even then, we always try to conservatively scale everything, and reduce it by 70%, that still gives you 3282 Million Tonnes (still almost 14 times more than these numbers)

We have so much more info & assays to come our way. I sure like this NR, just to put things into perspective! IMO

Share
New Message
Please login to post a reply