PINL:VLTAF - Post by User
Post by
Yo_Dogon Apr 14, 2010 6:28pm
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Post# 16992508
A Key Point in the PR
A Key Point in the PRMr. Bullock notes the results show there is continuity in the "discrete higher grade zones", as they can be traced from hole to hole and from section to section.
Rangold's drilling was not dense enough to make this interpretation so their resource number would not have reflected these discrete higher grade zones. Now that VTR is seeing they can trace these zones it has significant implications for the resource calculation. Geostats will not allow discrete stand alone zones to have much if any bearing on resource calculations for 43-101's, but if you are able to trace these zones as VTR is doing now, the geostats will take these into the?resource computation. This could mean a significant upside resource calculation when the resource is completed.