Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Douglas Lake Minerals Inc DLKM



GREY:DLKM - Post by User

Comment by AU_NBon Jul 22, 2009 1:10pm
172 Views
Post# 16157236

RE: RE: RE: Question for anyone about the 43-101

RE: RE: RE: Question for anyone about the 43-101The June 16 News Release would seem to indicate that ONLY gold that was observablewas calculated in the .30 g/m^3 average that was released under BCSC scrutiny.

"The compilation of all heavy mineral and gold results has been completed by TMEx staff in laboratory conditions at Arusha, Tanzania, which included separating and weighing the gold recovered from each sample where measurable gold was observed. Samples were collected as a measured volume of loose material (e.g, sand, gravel) and usually were 100 litres in field estimated volume. Each sample was processed in the field using a 7.5 inch Knelson concentrator to produce a heavy mineral concentrate. After further hand-panning in the TMEx laboratory to reduce the concentrate, the concentrate was dried. The gold was then the separated from all other minerals, described and weighed to give a result in g/Lcm."

https://www.tradingmarkets.com/.site/quotescharts/news/

(emphasis added)

Without fine gold being recovered and included in the calculation where the divisor was the volume of all material, the released "average" grade would certainly seem to be "conservative."

but

jmho
icbw
dyodd
<< Previous
Bullboard Posts
Next >>