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Northstar Signs MOU to Mine High Grade Zone 2 at Cam Copper Mine (click to learn more)
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Avion Gold Corp AVGCF



GREY:AVGCF - Post by User

Avion Gold Corp
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Comment by heckler73on Jan 07, 2010 12:04am
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Post# 16648014

RE: AVR NEWS NEWS GREAT NEWS

RE: AVR NEWS NEWS GREAT NEWS
(From the Jan 6th 2010 NR)

Potentially Underground Mineable Segala
----------------------------------------------------------------------------
Current
Main Measured                   4,504         4.70          681    update
Current
Main Indicated               2,875,302         5.30      489,490    update
Segala Main (INFERRED)       1,305,126         4.45      186,523  Current update



(From the Dec 12, 2008 NR)

Segala Underground Resource Estimate @ 2.0 g/t Au Cut-Off Grade (1)(2)(3)(4)
Classification         Tonnes     Au(g/t) Au(oz)
Measured               4,000      4.43    600
Indicated              2,474,000  4.02    319,900
Measured & Indicated   2,478,000  4.02    320,500
Inferred               4,069,000  3.46    452,300


According to that, the measured resource went up by 13.5% (whereas the Indicated went up 53%)...
But I guess they'll bolster that number up when they get to the underground mining aspect...
I don't know where they got that 100% from...
Maybe I'm not looking at the numbers close enough?
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