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Galway Resources Ltd V.GWY



TSXV:GWY - Post by User

Post by janddon Dec 18, 2011 11:16pm
785 Views
Post# 19333662

Resource Estimate at California

Resource Estimate at CaliforniaFellow Gallwonians

Just for gigles and  laughs, I did a back o the napkin resource calculation for California using paramaters as follows:

-Assume 1.2 km strike length (it cant be any longer due to Ventana on one side and Calvista on the other)
-Assume that thers is 200 meters of width.

I then tried to average out the drill holes as best I can.

The number I came up with was 2.2 million oz of gold. I would say that this estimate is within 500k oz of what should be there.

Anyhow, just a metric to use going forward. And this in no way says anything about potential resources on the thin strips fully contained within the Ventana tenemnts nor does it have anything to do with the potential resource at the Galway Vetas project.

Good luck to all longs!

Jandd

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