GREY:RNKLF - Post by User
Comment by
goldhunter11on Aug 25, 2019 5:49pm
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Post# 30064136
RE:Wast knowledge of the HGO land
RE:Wast knowledge of the HGO landCanIvestor,
I would add a recent post on the other channel for some usefull info/knowledge on HGO top portion (Baloo/Monsoon/Nanook). Figures 1-4 in the reference are quite informative on the grades and depth. See below.
"@Ggoldhunter_ceo.ca @bewhere and @JMAC90...Baloo and the others along that N-S trend are quite lucrative due to the high-grade, near surface. Average grade of about 2.3gpt is much better than a typical open pit (usually just over 1 gpt to be economical viable, if the tonnage is large enough). A good document to look at is given in the link below https://www.s2resources.com.au/documents/S2R1501013ASXQuarterlyReport-September2015.pdf, Fig 1 shows the top portion of HGO property; Fig 2 shows some drill hole grades (note the high grades); Fig 3 shows a Baloo cross section (note, the high grades and depth,not deep for an open pit; Fig 4 shows the details of Baloo, Monsoon, Nanook corridor. The (historical) grades for Monsoon and Nanook are not bad, and they could together with Baloo to form another (even shallow is fine) Superpit?" GH11
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