GREY:TWNNF - Post by User
Post by
tuannon Sep 30, 2006 10:10pm
313 Views
Post# 11445125
Important message regarding to the latest NR!
Important message regarding to the latest NR!In addition to the message Herb just posted, I just want to repost the DD I had earlier for anyone who missed it. Good luck!!
My questions to TRR office:
1 – What does “further check assays are being performed ” mean and why do we need this?
2 – When you mentioned “Significant gold values”, how much is significant in term of g/ton?
3 – When do we expect to have the rest of assay results from the last 7 holes?
And here is what they said:
Check assays are a Quality Assurance, Quality Controlfunction that is carried out by the geologist/QP to make sure the Company reports accurate and reliable information. It is normally done when the QP receives elevated assay results. Check assays confirm the values and gives the QP the confidence level to report the final results. Significant gold values are values that are potentially economic to mine. As the Dorset Zone outcrops, with gold zone coming to surface a deposit does not have to be high grade to be mined by open pit. An example of this is the Super Pit in Timmins of Goldcorp where they mined 1.4 grams/tonne gold from surface down to 300 metres below surface and they made money. They are now about to mine the Pamour open pit in Timmins with grades in the 1 gram plus gold category. The Dorset Zone has these grades and higher so in our geologists mind these results are significant. I am not sure when we will be receiving lab results yet. It took us over three weeks to get the first 10 holes from the west side of the Dorset Zone. Remember we are still drilling on the East side and will be moving to the Martin Zone soon.
Regards,
Wayne