OTCQX:BGMZF - Post by User
Comment by
venturevixen69on Jul 04, 2012 1:31pm
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Post# 20081648
RE: RE: QP had a 43-101 flagged by BCSC previously
RE: RE: QP had a 43-101 flagged by BCSC previously That is fine for reporting drill intercepts but in the case of a 43-101 report, high grades above 1 oz can be capped so in the case of drill hole CM11-102 that 858 g/t interval over 0.9m might turn out to be 31.1 grams for the calculation of a resource. A statistical set of data wil be generated from all the compliant drilling and the upper outliers will be capped just as they do with a grade cutoff off on the low end.
I'm not going back and saying that the drill intercept was incorrectly disclosed, just saying that it will be interesting to see what type of upper cap was used to come up with 10M ounces of gold. If one wasn't used, you can be sure that the BCSC will be all over this like a fat kid on a smartie.
My math skills are fine thanks. Ok, who's next?