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

Ruby Creek Resources Inc RBYC

Ruby Creek Resources Inc. is engaged in developing a gold property. The Company's project includes the Gold Plateau Project. The Gold Plateau Project consists of property, which has artisanal gold mining activities. The Gold Plateau Project is located in southern Tanzania approximately 150 kilometers north of the Mozambique border. The Gold Plateau Project consists of around 15 properties of prospective gold mineralized territory. The Company has mining and processing equipment onsite and additional processing equipment. The Gold Plateau Project is situated at the eastern margin of the Selous Basin where the Karoo and young sedimentary rock are in fault contact with low to high-grade metamorphosed rocks of Neoproterozoic age belonging to the Mozambique Belt.


GREY:RBYC - Post by User

Comment by RicherNowon Oct 01, 2011 7:10pm
167 Views
Post# 19108238

RE: trivia question

RE: trivia questionThis is the conversion I use. ~0.76 cu meter = 1 cu yard. 35 cu meters = 45.8 cu yards. Let's stay in imperial units. THE MASS of one cubic yard of alluvium varies greatly with grain-size, moisture content, type of sand/pebbles etc. it is not an exact conversion. I have always maintained that placers are mined by volume, period. Evaluations should be carried out in volumes of material to be processed, not tons or tonnes. Read back in my posts, trying figure a mass for sand and gravel is not what I do. A volume of ground is a volume of ground, not dependent on moisture content, clast mineralogy, grain-size distribution, etc..... There is so much gold in each volume of ground, period. In the NI43-101 for Mkuvia the resource is stated in grams per "loose" cubic meter (as opposed to Bank Cubic Meter), a VOLUME. This is because the volume measured and tested was measured after it had been dug out of the pit.Anyway if one says sand is 2600 pounds per cubic yard then 35 cubic meters has a mass of about 60 tons... and it does not matter. I think in volumes because that is the correct, more realistic and accurate way to measure "ore" in a placer. Just my opinion, but a firm one. I fell into the trap of using mass and it just causes confusion, my bad.Not Investment Advice, DYODD, think in volumes.
<< Previous
Bullboard Posts
Next >>