Estimates on number of ounces at SGD’s Valley Deposit
I think this guy really knows his mining deposits. The Realist is estimating 12 million ounces at an average grade of 1.8 g/t and that correlates with my estimate of 12 to 15 million ounces using an average grade of 2 g/t so we are in the same ballpark for the high grade section of the deposit. The lower grade halo is a bit more difficult to estimate but I'm hopeful it will be near 10 million ounces. Again these estimates will depend on average grades and the ultimate depths and outer limits of the deposit. But it's good to see other investors who see and estimate what I think is probable at Snowline's Valley deposit. See below for details,