RE:Glen Eagle Intersects True Width of 5.65 g/t Au Over 18 meteso this is a heck of an intersect .. and combined with the previous hole results.. these represent the best drill results we have ever seen..
BUT
the one single thing that makes absolutely zero sense to me is why Jean would announce that this intersect of 18 meters would provide GER with an additional 2000 tons of ore supply is beyond me..
Maybe he needs some help with resource estimating !
The NR states that the gold formation is well defined.... but it also says it is open in All Directions,,, SO... how on earth can he provide a 2000 ton estimate on a single drill hole? If the used the first drill hole to try get a resource estimate that is impossible too.. needs an absoulute minimum of 3 on relatively close proximity just to get an area outline that can be measured and then the grade/tonnage can be estimated but to say 2000 tons as it stands based on the results from this single drill hole makes absolutley no sense to me.
The more holes that are drilled here the better idea they will have of what this resource size actually is..
So.. i really like the drill hole results.. that is really an awesome hole.. but i think Jean shot himself in the foot by saing this represents approx. 2000 tons.
If it was 20000 tons or 100000 tons that would be so much different.. and with only 1 hole drilled into this high grade that is open in all directions... how can anyone know thta these numbers may not be achieveable?
Imo..if he wouldn't have given that 2000 ton estimate the sp would probably be higher than it is right now.. jmo