RE: RE: RE: Question for anyone about the 43-101The June 16 News Release would seem to indicate that
ONLY gold that was observable
was 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."
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