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COREX GOLD CORP V.CGE

"Corex Gold Corp is a Canadian-based resource exploration and development company. It is primarily engaged in the acquisition and exploration of mineral properties. The company owns an interest in Santana Property, Sonora, Mexico."


TSXV:CGE - Post by User

Bullboard Posts
Post by SwissInvestoron Mar 24, 2011 11:07am
342 Views
Post# 18334135

Added over 320.000 oz gold in hole hole

Added over 320.000 oz gold in hole hole

1)     The hole was 161meters or 528feet of 1.04 grams per tonne or 0.036 ounces per ton of gold. 

2)     NR says that "Intercepts are close to true thickness." so let's say 90%

3)     Cubing 528feet results in 107,171,875 cubic feet of material.

4)     density is normally between 10 and 15 cubic feet per tonne.let's give it 12.

5)     This calculates to 8.930.989tonnes of material result in over 320-000 OZ of gold at 1,04 g/t gold


re-calculate by yourself.

Bullboard Posts