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St James Gold Corp V.LORD

Alternate Symbol(s):  LRDJF

St. James Gold Corp. is engaged in the acquisition, exploration and development of mineral resource properties located in Canada. The Company holds a 100-per-cent stake in 29 claims, covering 1,791 acres, in the Gander gold district in north-central Newfoundland located adjacent to New Found Gold Corp.’s Queensway North project; and a 100-per-cent stake in nine claims and an option to acquire a further 100-per-cent interest in 19 claims, covering a total 1,730 acres, in central Newfoundland located adjacent to Marathon Gold's Valentine Lake property. Its Grub Line property is located 3.5 kilometers west of the town of Gander, NL. The Quinn Lake Property comprises two contiguous mineral licenses totaling 700 hectares (ha).


TSXV:LORD - Post by User

Bullboard Posts
Comment by LongonZincon Jun 15, 2012 1:03pm
152 Views
Post# 20018496

RE: HTR is all the proof needed

RE: HTR is all the proof needed

Molyfinder,

 

Your little calculation uses the  the high grade intercepts and estimates that they extend further than the drill results indicate.  You use drill hole 08-02, including the 442.18 g/t over 20 meters.  You average the grade over 174 meters and then calculate the volume by extending the depth of average grade to 250 meters.  This 20 meter intercept includes an ultra high grade vein of over 3200 grams/tonne over 2m.  The vast majority of the contained silver within the 174 meters you are using comes from a single high grade vein.  So far the majority of disseminated silver results within the QB zone indicate grades right around 8 grams per tonne.  So far the results are much more indicative of a vein type deposit but you and others keep trying to promote this as some sort of open pit resource.  I have been over this time and time again showing that the vast majority of all of the contained silver is within 3 veins, but you keep twisting and distorting the results trying to promote this as an ultra high grade disseminated deposit, which is FALSE, but I guess that is why you are paid to promote this stock.

Bullboard Posts