jondoe, to help justify your math, here's a small segment off the SLI homepage, and this averaged 0.25 g/T. As well, your math did not include obviously the rest of the Tesoro property, the fact that the anomaly was open @ depth, the Zona Sur & Zona Icognito, as well, all the other Peruvian & Canadian properties.
As well, you scaled back the anomaly in half, then scaled it again by decreasing it by 70%. That's a whole bunch of scaling. To put that in perspective, you could say:
- Take half the anomaly
- Then take half of the half
- Then take almost half of the half of the half
LOL, does anyone want it any smaller? Then you take a $100 per OZ buy price. Mind you, I can live with that one!
Anyway, here's a refresher of the small trenching program they did between Quantec phases:
TRENCHING
Upon receipt of Stage 1 preliminary Titan24 geophysical sections generated in the field, a small trench-sampling program was completed across a geophysical anomaly corresponding to the “structural corridor” in the vicinity of the A4 Vein in Zona Central. Twenty-two 3m-long bulk samples weighing about 30kg each were collected from 3 trenches testing a 100m strike length of the low-resistivity geophysical response. The trenches were aligned perpendicular to the long axis of one distinct low-resistivity anomaly and returned 50 to 1130ppb (1.13g/t) gold across an alteration zone up to 45 meters wide, including economically significant assays of 553 ppb gold across 9 meters (3 samples). The zone tested by trenching is 100 meters long, and further work is required to evaluate the much longer strike length indicated by geophysical responses.