testfreak wrote: so chinapintza has 500,000 ounces of GOLD PROVEN as merliar would claim need "proven" lol, and as nassua1 posted gonna be "corporate update" next week on it! looks like this JV with the BILLION dollar Guangshou may come to fruition
WRONG yet again my CLUELESS PUMPER!
How many more times are you going to humiliate yourself with your CLUELESS ill-informed nonsense.
To help you out and save you from more humiliation I will direct you where to look:
Go to SEDAR
Search for CHINAPINTZA MINING CORP.
When you get the results look for May 30th 2013.
This is a document titled "NI 43-101 TECHNICAL REPORT ON THE CHINAPINTZA GOLD PROJECT LOCATED IN ZAMORA, ECUADOR".
Here you will clearly see that there is not 500,000oz of proven gold which you are misleading readers to believe.
Infact Chinapintza has no proven resource and nothing at all in the indicated category. The current NI43-101 for Chinapintza is all in the inferred category.
Currently the resource is as follows: 1.5 Resources
The mineral resources statement having an effective date as of March 29, 2013 for
the Chinapintza Gold Project are classified as Inferred Resource Estimates and are
set out in Table 3, below:
719,000 Tonnes @ Au 6.0g/t and Ag 47.1g/t
Which already deducts an assumed 15% mined to date
*Note: These resource estimates allow for an estimated historical 15% of mineral product
extracted by past artisanal miners. The actual quantity and grade of such extracted mineral product is unrecorded.
CLUELESS TESTFREAK's silly assumed 500,000oz of proven gold is, in fact based on the NI43-101 dated May 2013, approximately only 1,387oz in the lowest resource category which is INFERRED not proven.
Yet again our CLUELESS PUMPER shows his inability to understand the facts and in this instance he got, not only the category wrong but also was wrong by a huge of 498,613oz of gold.
You really would not want this CLUELESS PUMPER in your accounting department would you!!!!!