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

Teras Resources Inc V.TRA

Alternate Symbol(s):  TRARF

Teras Resources Inc. is a Canada-based mineral exploration company. The Company is involved in the acquisition and exploration of mineral property interests in Montana, Nevada and Cahuilla in California. Its projects include Cahuilla Project, Corral Canyon, Gold Point, Superstition Mountain, Sunny Slope, and Watseca Mill. Its main project is the Cahuilla project, located in Imperial County, California. The Sunny Slope gold mine consists of approximately 16 unpatented claims, which is located in Mineral County, Nevada. The Gold Point property consists of eight unpatented claims, which is located in Sierra County, California. The Corral Canyon Gold Project consists of two unpatented claims and is located in Churchill County, Nevada. The Superstition Mountain Gold Property consists of six unpatented claims, which is located in Imperial County, California. The Watseca Mill Property is located in Rochester Basin, Montana, which includes a mill site and 13 patented mining claims.


TSXV:TRA - Post by User

Bullboard Posts
Comment by thomsonion Mar 01, 2011 7:07pm
252 Views
Post# 18215802

RE: Deciphering of numbers?

RE: Deciphering of numbers?I ran some rough numbers assuming a mean vein length of 550 ft, a vein width of 15 ft and a depth of 300 ft and assumed a tonnage factor of about 14 ft3/ton. Using a mean gold grade of .249oz/ton and mean silver grade of 4.165 oz/ton, and a recovery factor of 80-90pct, I can guesstimate (if the grades hold and the dimensions are not too far off) about 1.3my oz gold recoverable and about 22my oz silver conservatively. I could be 50% certain of
finding 6.4my oz gold and 106my oz silver using a range of estimates.

If you don't like the dimensions cut the width in half to 7.5 ft and half the above guesstimates.


These really are fabulous assay results in terms of grade....but will the tonnage prove up?

thomsoni
Bullboard Posts