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AM Resources Corp V.AMR.H

AM Resources Corporation is a Canada-based junior mining company. It specializes in exploration of coal, hydrocarbons and gold mining sites located in Colombia. Its Mico gold property consists of one concession covering approximately 10.4 hectares and is accessible from the village of Barranco de Loba. The Mina Luz property is located southwest of the town of Popayan in the department of Cauca, approximately 150 kilometers (km) to the south-southwest of the town of Cali, in the southwestern part of Colombia, the municipality of Patia. The property consists of mining concession No DJU-071 covering 40 hectares. The Esperanza asphaltite property covers approximately 298 hectares. The property lies 70 km north-northwest of the city of Bucaramanga. The Rio Negro asphaltite property is located 50 km north-northwest of the city of Bucaramanga. It also has a land package totaling 1,500 square kilometers located in the Austrian Pegmatite Belt. Its land package includes the Frederick Property.


TSXV:AMR.H - Post by User

Bullboard Posts
Post by tedjjjon Nov 22, 2011 9:11pm
245 Views
Post# 19259923

try to do a math on nqe current deposit

try to do a math on nqe current deposit

after listening david's interview, he mentioned what we have so far and anybody can do a simple math to estimate the current deposit, but i can't hear clearly , can somebody pay attention to the interview at 15' 10, when he said "you have to consider one thing.." and later he mentioned the orebody demention, i just heard 150 meters in depth and 150 meters in width, what is in length ? can somebody hear that ?

If  we know the demention of the orebody, then we can do the math, suppose the length is also 150 meters, then the volume of the orebody is : 150X150X150 = 3375000 (m3) , the density of ore is 3 tonn/m3 as said by david in the interview, so the tonnage of the current orebody is 3375000 X 3 = 10125000 tons. suppose the average grade is 40g/t , this is also the grade of old Selbaie mine nearby, then our deposit is :

10125000 X 40 = 405000000 g  = 12.85 million ounces.

So the key fact is the length of the orebody, can somebody listen that interview again and pay attention to the point after 15' 10.

Bullboard Posts

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