The results tie in to this
SC08-302
|
57.3
|
60.35
|
3.05
|
16.69
|
SC08-306
|
3.05
|
18.29
|
15.24
|
1.53
|
and
|
70.1
|
124.97
|
54.87
|
4.45
|
including
|
103.63
|
105.16
|
1.53
|
36.76
|
SC08-309
|
27.43
|
36.58
|
9.15
|
2.98
|
and
|
64.01
|
82.3
|
18.29
|
1.43
|
SC08-310
|
11.28
|
26.52
|
15.24
|
4.43
|
including
|
11.28
|
17.37
|
6.09
|
9.00
|
Summary of the 2007 Mineral Resource by Resource Category
(Above a Cut-off Grade of 0.75 g/t Gold-Equivalent)
Class
|
Tonnes
|
Gold Eq.
(all metals) g/t
|
Gold
g/t
|
Silver
g/t
|
Zinc
%
|
Gold
(oz)
|
Gold-Eq. (oz)
(Gold-Silver only)
|
Measured
|
1,073,891
|
4.487
|
3.481
|
14.191
|
0.432
|
120,181
|
129,513
|
Indicated
|
8,633,606
|
1.832
|
1.091
|
10.567
|
0.288
|
302,822
|
358,689
|
M+I
|
9,707,497
|
2.126
|
1.355
|
10.968
|
0.304
|
423,002
|
488,202
|
Inferred
|
15,947,629
|
2.433
|
1.849
|
5.377
|
0.273
|
947,988
|
1,000,499
|
Engineering Studies
The Company is in discussions with a well-known engineering consulting firm to complete a new 43-101 compliant Preliminary Economic Assessment (“PEA”) on the Silver Coin project. It is anticipated the PEA will proceed in two stages that will include a complete review of the Silver Coin drilling data base from which they will generate a new block model of grade, lithology, and resource classification (Measured, Indicated, and Inferred). The block model in turn will be the basis for designing a hypothetical open pit and estimating the tonnage and grade of the resource, along with the volume of waste rock. In sequential fashion they will optimize a mine plan and then apply site-relevant economic parameters to develop a cash flow model and estimate the potential economic return expected from mining the deposit. Their review and report will also incorporate the metallurgical and environmental studies already underway (see below) as well as propose a layout of the required infrastructure to develop the project.
Thes are from Pinnacle Mines and they tie in to the scoping study that is being done.
https://www.pinnaclemines.com/news/2009/Oct-22-2009.html