RE: RE: GOLD NEWS-1/2 OZ over 40 feet!!Yes R88 - the Glover story could develop into something very interesting for MOA and they own 100% of this one. I would think that estimating 2MM OZ to come back in their 1st updated 43-101 however is a bit rich, but sure wouldn't mind being proven wrong.
As for VLake strip ratios, it is way to early to be able to talk about strip ratios being to high; first you need a pit design and before that there has to be another 10,000m of drilling. The 15,000m just done are starting to show much more near surface stuff with good grades up in the NE. This will be very helpful for having good ratios. Also you mentioned "nugget effect" for VLake. If you read the last 43-101 you will see very clearly that this is no longer the case. The last 43-101 clearly says that the high grades are true grades with wide ares of influence and as such not longer require the results that have been returned to be "cut"...what you see is what you get and what you should expect...This was one of the most interesting finds that came back from that last report.
C.Gert