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Baru Gold Corp V.BARU

Alternate Symbol(s):  BARUF

Baru Gold Corp. is a Canada-based junior gold developer with NI 43-101 gold resources in Indonesia. The Company is focused on developing and producing precious metals projects in Indonesia. The Company’s focus is on developing precious metals projects with significant resource upside potential and near-term production capabilities. The Company’s Sangihe Gold project mineral tenement consists of one block covering the southern half of Sangihe Island, located between the northern tip of Sulawesi Island (Indonesia) and the southern tip of Mindanao (Philippines). The Sangihe Project covers 42,000ha; this includes the Bawone, Binebase prospects on the eastern part of the island and Taware prospect in the south-central region with infrastructure in place. The Company has a 70% interest in the Sangihe project.


TSXV:BARU - Post by User

Bullboard Posts
Comment by sal_bandoon Jun 02, 2011 9:44am
206 Views
Post# 18661263

RE: RE: RE: RE: RE: RE: RE: Sal_Bando.....perhaps

RE: RE: RE: RE: RE: RE: RE: Sal_Bando.....perhapsMountaineer,

I am not disputing the difference between the block size and the resource size. What I am saying is this: Graham has the difference based on some figure that he has in mind (drawn from imposing shapes on google maps). He drops ridges here and there, etc. I think that the difference can be accounted for by looking at the grade size in the mini blocks.There are lean patches in between the mini blocks. There are empty spaces, so to speak, between the mini blocks.What I am saying is that altering the original block size in order to come up with a different shape is not helpful when you realize that we can't even project the volumes of the main block to the mini blocks.
Bullboard Posts