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Barkerville Gold Mns Ltd BGMZF

Metals & Mining Industrial Metals & Minerals
Barkerville Gold Mines Ltd is a Canada based company operates in the business of Gold. It is engaged in the production and sale of gold, and the exploration, development, and acquisition of mineral properties in British Columbia. The mineral tenures cover approximately 2,000 square kilometres. The company primarily holds interests in Cariboo Gold Belt District, Island Mountain, Cow Mountain and Barkerville Mountain.


OTCQX:BGMZF - Post by User

Barkerville Gold Mns Ltd
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Comment by ovison Nov 22, 2012 1:39pm
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Post# 20632426

RE: Debate over bore hole grade smearing grade

RE: Debate over bore hole grade smearing grade

colbob, as hammer has been pointing out, the ultimate volume of rock in the estimate is most critical. And you add volume when you can show continuity between intercepts. If you don't have continuity then your resource estimate will have some very high grade but very low volume ore.

 

I don't think anyone doubts the nuggety nature of the Caribou. What is being argued is just how much ore there is.

 

If I remember correctly the strip ratio in the PG report was roughly 10 to 1. Very high IMO. If the volume shrinks then the strip ratio will only rise -- the amount of rock in the mountain is known. It is just the amount of high grade ore one can locate with from surface drilling.

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