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Resource Capital Gold Corp GDPEF

Metals & Mining Gold Industrial Metals & Minerals
RF Capital Group Inc is a financial services firm. The company's operating segment includes Wealth Management and Corporate. It generates maximum revenue from the Wealth Management segment. The operations segment provides carrying broker services to third parties, including trade execution, clearing, and settlement services.


GREY:GDPEF - Post by User

Resource Capital Gold Corp > recovery at Dufferin 4.17g/t or 5.1g/t?
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Comment by LeftBookon Feb 02, 2019 6:35pm
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Post# 29310871

RE:RE:RE:RE:recovery at Dufferin 4.17g/t or 5.1g/t?

RE:RE:RE:RE:recovery at Dufferin 4.17g/t or 5.1g/t?
 
----
August 24, 2018 news item
https://www.rcgcorp.ca/news/2018/resource-capital-gold-corp-completes-bulk-sample-at-dufferin-gold-mine-nova-scotia
 
Recovery of over 5,846 ounces of gold from 43,593 tonnes with an average grade of 4.17 Au g/t
 
1 oz of gold = 31.1g
----
 
200oz does not account for the difference between 4.17g/t and 5.1g/t
 
1300oz of gold closes the gap and the text could be re-written as 
 
Recovery of over 7,149 ounces of gold from 43,593 tonnes with an average grade of 5.1 Au g/t
 
I am not saying that 1300oz of gold are missing.
I am saying that is the discrepancy between 4.17g/t of the news item of Aug 24, 2018 and the 5.1g/t in June 2018 MD&A posted on SEDAR on Oct 29, 2018
 
1300oz is equivalent to $2.17M CAD
based on $1250/oz USD & 0.75c loonie (numbers used in the PEA)
 
My math might be wrong. Check for yourselves
 
Perhaps there is another explanation.
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