OTCPK:SXGDF - Post by User
Post by
ALTOGETHERon Oct 25, 2010 2:05am
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Post# 17605811
Is my Math correct from their model?
Is my Math correct from their model?This is from the Cinchada news release last January. If you take 2 grams/tonne gold - convert to ounces and multiply it by 30,000,000 metric tonnes you get 2,000,000 ounces. Am I getting close?
In SAMEX’s proposed exploration model, the gold target is described as a thick, 400-meter by 700-meter
tabular-shaped breccia zone within a largely intact, sizeable structural block. Based on these dimensions, a 40-meter thickness and an assumed historic 3-gram gold grade of the San Pedro Mine breccia, the target area would be permissive for 30 to 40 million metric tonnes grading 2 to 3 grams/tonne gold, likely with a significant credit in copper and possibly some silver. If drilling were to discover that the breccia extends down into a steep, large breccia pipe - which is a viable geologic possibility – the target could be considerably larger.