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Olympus Pacific Minerals Inc T.OYM



TSX:OYM - Post by User

Post by Psalm9012on Nov 03, 2006 2:42pm
197 Views
Post# 11612955

Potential Tungsten Credits & Resource

Potential Tungsten Credits & ResourceIt is good to see they are also finding tungsten which can potentially offset the the overall cost/oz as credits. One wonders if any copper or silver would also be present. The question arises as to whether the plant can separate the tungsten and how efficiently - without affecting gold recovery. Can anyone explain how they calculate the "Au Equivalent (includes W value)" as per the "East Deposit Area - Assay Highlights" in the Nov.2 press releases. Based on the drilling to date it appears we have a very widely dispersed low to moderate grade deposit(s) of perhaps 2 g/t that should be profitable for open pit with these gold prices. Based on this large mineralization area, the company will likely be continuously upgrading the resource. Your comments? Thank you Greg
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