Post by
freedom457 on Aug 01, 2019 3:34pm
The Results May Be Very Significant!
While we wait for the results I thought I would take out my calculator and run some preliminary numbers.
Extrapolating from the drill hole data in the July 23rd news release and according to my math, the daughter holes are of significant length. In the news release it stated that they have completed 3672 meters of drilling over 9 holes of which 4 were new pilot holes.
If we assume the pilot holes are similar in length as the discovery hole 421 which was 617 m to the bottom of mineralization, then we deduct 4 holes x approx 600m from 3671 which leaves us 1272 meters. Now divide the 5 remaining directional daughter holes which are offshoots from a pilot hole, and we get an average of 254 meters for each daughter hole.
How much of those daughter holes are mineralized will be key. I would assume 3/4 of each one (190 m) as they will no doubt run some distance into unmineralized rock to ensure they don’t stop too prematurely.
Anyway if this scenario does play our then this could be very good!
Comment by
gusto44 on Aug 01, 2019 4:30pm
Speculating is nice but until we see actual results there's no point getting excited. As they say "The proof is in the pudding" or "don't count your chickens until they hatch. On the other hand don't get me wrong I'd love to see $2.00 before Christmas.
Comment by
speculator on Aug 01, 2019 5:31pm
gusto44 there is nothng wrong playing a litte with numbers and dreaming. This is what specultion is all about. I think you owe the guy an apology.