Ann: Quarterly Activities and Cashflow Reports - September 2018, page-86

First 86 Last

Share
Profile

Follow
fmx_rider

1,096 Posts.

69

14/11/18

11:51

Post #: 36498838
Share

Originally posted by Midnight26: ↑

Apparently somebody thinks that there is no evidence to suggest that this is a trillion dollar resource. Nobody can say that it is a trillion dollar resource but there is evidence that this is a very, very large resource.

A simple polygonal estimate of the results to date from 6 of 37 holes gives 9.5Moz from Tres Estado (7.65Mt@38g/t).

9.5Moz x $1700 = $16.15B

$16.15B / $1T = 1.6%

We have tested much less than 1% of the 10-15km long Tres Estados dolerite which hosts widespread disseminated mineralisation, is peppered with workings and has a 5km long geochem anomaly to the NE which we are waiting on results for . Every result received is high grade. All holes with results to EOH are mineralised to EOH.

Then there's Ema which is just as big and just as rich as Tres Estados. Then there's the silver and PGM credits.

All this is explained on the 100% Ore thread.

There is evidence but it's up to the reader to interpret the results. All IMHO. DYOR.

Expand

Tabulate grades 20m below oxide/fresh contact enrichment zone and the grade is a lot lower than your calculations.

And when has a polygonal estimate ever been representative of a gold deposit. It’s a junk method that yields inaccurate results. Obviously you are trying to make your guesstimate sound technical. It’s a guess.

BBX Price at posting: 16.5¢ Sentiment: None Disclosure: Not Held
2 Upvote

0 Great analysis

Reply

Top Stories

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

AUN

Cyclone signs MOU with Vale for development of Iron Bear play

ME1

Banshee's historic trenches prove rich in antimony and gold for GDM

EDE

NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

HotCopper Highlights: Your most watched stocks for Week 46, 2024

AN1

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch

BNL

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

LYN

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

There are more pages in this discussion • 17 more messages in this thread...

First 86 Last

Add BBX (ASX) to my watchlist

Ann: Quarterly Activities and Cashflow Reports - September 2018, page-86

Top Stories

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Cyclone signs MOU with Vale for development of Iron Bear play

Banshee's historic trenches prove rich in antimony and gold for GDM

NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

HotCopper Highlights: Your most watched stocks for Week 46, 2024

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain