Alpha Minerals Inc ESOFD

RE: RE: RE: 30m strike length

[Raptor7]

Delta

 

Sorry, I can't help you with any details either.  But for what it's worth, I've heard stories of two people carrying single boxes of high-grade core because they were just too awkward for one to carry.  However, for all I know this could be just one of them "heard from a friend of a friend" things.   But having said this, I see that Cameco provides a history of its McArthur River developments and I note it states they went underground in 1994, announced a 35% increase in reserves in 1999 and a further increase of 50% in 2001.

 

https://www.cameco.com/mining/mcarthur_river/history_and_innovations/

 

I am guessing that the initial 35% increase had much to do with standard infill drilling and increased confidence in known zones of mineralization.  However, I am pretty sure the 50% increase announced at the end of 2000 had nothing to do with increasing the strike length of known mineralization by 50% and much more to do with finding a surprisingly high-grade plum within the known strike of mineralization.  If there is math out there that can prove my statement completely out to lunch, well then I apologize but I would be remiss if I didn't point out that I said "LARGELY attributable to".