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Douglas Lake Minerals Inc DLKM



GREY:DLKM - Post by User

Post by tobinator01on Feb 10, 2009 3:08pm
275 Views
Post# 15767736

That settles the December debate.

That settles the December debate.

Remember the agonizing couple of weeks we had debating what the resource grade would be.  One camp arguing 0.019 g/ton and the other in the 10 g/ton.  This puts to rest what we tried to calculate that the resource grade is 1.6 g per cubic meter and the conglomerates at 2.6 g per cubic meter.

Just for grins lets say we have 1.74 billion cubic meters with 1 gram per cubic meter.  That is 1.74 Billion grams and at 31.1 grams per troy ounce, we have a blue sky potential here of 56 million ounces.  About 1/10th that number would be a world class deposit.

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