Ive been quietly doing some man maths as to what this may look like post JORC.
Zackly
Given the wider withs in the PolarX holes lets assume double the width. They didn't really test depth yet and had only begun to extend strike. Double the ~1.5Mt to date would then be ~3Mt.
On grade, lets assume the gold holds 2.7g/t Gold as an average. Eyeballing the copper grades in the 23 Nov 2017 announcement suggests around 2% Copper. This is purely based on previously reported grade and BEFORE any further upgrade from the current re-assays.
On that base logic, at current Gold and Copper prices we may have ~3Mt at say 3.6% Copper equivalent at Zackly FROM SURFACE and open in every direction.
Caribou
All Copper no Gold at Caribou, only 15km away.
From surface and open in every direction also. I seem to remember 1Mt at 4.5% Cu from surface within the JORC estimate too.
last reported JORC was 2.8Mt at 3.1% Copper.
Combined
Caribou JORC 2.8Mt at 3.1% Cu
Zackly Guesstimate 3.0Mt at 3.6% Cu. Eq
So we may have 5-6Mt at say 3.5% Copper Equivalent and its all wide open in every direction.
Add to that the published and now widely accepted Porphyry scale potential and this has got to be big news this year. My "man-maths" aside - Theres no other conclusion.
Drill even one good hole into any one of the Porphyry deposits as well and this will be "Stellar".
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Ive been quietly doing some man maths as to what this may look...
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