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Encore Renaissance Resources Corp V.EZ



TSXV:EZ - Post by User

Comment by tegritymanon Feb 05, 2010 10:49am
435 Views
Post# 16755756

RE: 69 grams/ton = 2.5 ounces/ton??????

RE: 69 grams/ton = 2.5 ounces/ton??????Well considering that number is the max, it would be possible if it held.  The major miners would be fairly pleased with that number, no wonder this took time to announce as they had to get a second test on those cores.

Here's the results:

265543 Quartz vein 0.30 m 2.25 g/t 12.07 m at face depth
265557 Quartz vein 0.52 m 5.89 g/t 15.52 m at face depth
265558 Quartz vein 1.02 m 43.5 g/t 17.25 m at face depth
265571 Quartz vein 0.82 m 1.32 g/t 18.97 m at face depth
265578 Quartz vein 1.21 m 9.92 g/t 20.70 m at face depth
265585 Quartz vein 1.23 m 6.85 g/t 22.42 m at face depth
265592 Quartz vein 1.26 m 69.2 g/t 24.15 m at face depth
265599 Quartz vein 1.12 m 0.99 g/t 25.87 m at face depth
265606 Quartz vein 0.87 m 3.46 g/t 27.60 m at face depth
265613 Quartz vein 0.83 m 0.74 g/t 29.32 m at face depth
265620 Quartz vein 0.65 m 6.29 g/t 31.05 m at face depth
265627 Quartz vein 0.43 m 4.01 g/t 32.77 m at face depth
265631 Quartz vein 0.31 m 6.16 g/t 34.50 m at face depth


The mean is about 6 g/t so about 1/10th what you said.  Simple to figure that you keep mining that level, you get checks that would be $10-13 million.  Bonuses all around.  I'd declare this a winner even if the return is half that.

Sweet!!  Bring on the believers.
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