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Galway Resources Ltd V.GWY



TSXV:GWY - Post by User

Post by nor_easteron Mar 12, 2012 8:49pm
350 Views
Post# 19659994

Galway - New Victorio Project Worth MILLIONS $$

Galway - New Victorio Project Worth MILLIONS $$

Present Metal Prices:

Ferro Tungsten Price 22.45 USD/lb..Link:https://www.infomine.com/commodities/tungsten.asp

Molybdenum Oxide Price 14.52 USD/lb..Link:https://www.infomine.com/investment/metal-prices/molybdenum-oxide/all/

New Victorio Resource Estimate using $15/lb molybdenum and $8/lb Tungsten

Category

Cutoff/
Ton

Tons


Mo %

Tungsten %

Contained Metal (pounds)

Molybdenum

Tungsten

Measured

$25

37,737,913

0.10

0.08

71,702,035

61,890,177

Indicated

$25

39,499,463

0.08

0.09

64,779,119

72,679,012

M+I

$25

77,237,376

0.09

0.09

136,481,154

134,569,189

Inferred

$25

77,222,232

0.07

0.09

114,288,903

143,633,352

Measured

$35

20,275,366

0.12

0.11

47,444,356

42,983,776

Indicated

$35

19,125,184

0.10

0.12

39,397,879

45,517,938

M+I

$35

39,400,550

0.11

0.11

86,842,235

88,501,714

Inferred

$35

34,728,550

0.10

0.11

66,678,816

78,486,523

Link: https://www.galwayresources.com/s/Victorio.asp

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