Estimating a Resource Plug in whatever numbers you like for your own chat-room estimate, but here are some rough San Roque numbers to start with.
"Mineralization is open in all directions and at depth. Equally important, mineralization frequently starts at surface and has been followed to the bottom of the deepest holes. "
The primary drill area seems to be about 3000 meters by 1000 meters, but as noted in the quote from the news release, they've not yet found the edges of the potential deposit.
I'm going to asign an average thickness of 70 meters for this example.
Density could be higher, but let's plug in a default of 2 tonnes of rock in a cubic meter. (using 2.2 tonnes per cubic meter would quickly add another 10% to the final result.
Glancing thru the drill hole chart, I see variance in grade, I'm going to say on average it's a little under 2 grams per tonne gold equiv, so I will use 1.9 g/t.
Depending on the type of ounce, you could use 28-33 grams in an ounce...let's call it 32.
That leaves us with 3000 meters length x 1000 meters width x 70 meters thickness x 2 tonnes per cubic meter x 1.9 grams per tonne divided by 32 grams in an ounce.
If you do that math you should come up with an absurd number of gold equivalent ounces potentially outlined thus far at San Roque. Just for the heck of it let's say 90% of the ore in that formula is wrong, just use 10% of the total to give very generous allowance for barren areas within the zone, variances in grade, recoveries, etc. Even that 10% figure is a substantial number justifying a major revision in the MFM share price.
It will be a long time before we get an official 43-101 estimate on San Roque, but keep your eyes on the prize. Don't be lazy, do the math before the newsletter writers beat you to it. Set up a spreadsheet and play with variations in the potential numbers.