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Bullboard - Stock Discussion Forum Encore Renaissance Resources Corp V.EZ

TSXV:EZ - Post Discussion

Encore Renaissance Resources Corp > Blast Round Samples
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Post by dogger2 on Apr 25, 2010 4:21pm

Blast Round Samples

You'd think that the chip panel results would less indicative of grades than the blast round samples so using the blast round samples .......
01.70
07.48
10.45
08.01
10.48
06.49
04.76
-----------
49.37 divided by 7 = 7.05 grams per ton .
one gold troy ounce = 31.1034768 grams
one gold troy ounce =$1100.00
one gram gold........$1100 divided by 31.1034768=$35.37 X 7.05 grams per ton = $249.32
$249.00
-425.00
..................
-176.00

Bonaparte Gold Mine operator, BCT Mining Corp's President, Roger McClay, told AXcess News in an interview that production costs would run about $425 per-ton and that the Company would be gearing up to produce as much as 120 ton-per-day shortly.

McClay explained that the veins are one to two meters wide with "consistent grades" that McClay says are "hard to find". The mine operator explained that further tests indicate grades of 26.5 grams per ton within the "Crow Vein", which some 200 holes had been drilled since its initial discovery in 1994. This summer, BCT Mining trenched even more veins on the property with grades consistent with the Crow vein, though McClay would not give details.

Comment by JennyB2 on Apr 25, 2010 5:16pm
..."McClay explained that the veins are one to two meters wide with"consistent grades" that McClay says are "hard to find". Those are NOT Roger McClay's own words. Those are the words of the 'reporter/promoter who attempted to make the REAL words of Roger McClay sound as if an ore body was being explored, not a series of small veins wherein...."consistent ...more  
Comment by JennyB2 on Apr 25, 2010 6:35pm
How could Kinross offer up any surprises when the however many kilotons of gold mineralized rock sent to Kettle River by SL-EZ were not sent as gold ore?You are correct Nelson, perhaps prophetically so, when you state that "Kinross will offer no surprises.".
Comment by JennyB2 on Apr 25, 2010 7:41pm
Ore: "A mineral or an aggregate of minerals from which a valuable constituent,especially a metal, can be profitably mined or extracted." (Emphasis mine)Sorry, but I neglected to add to Doggers 7.07 gpt gold that the panel samples average out as 12.35 gpt gold over those 12 or so meters of decline covering a quartz vein averaging .81 meters wide over the same length of decline according ...more  
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