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Newstrike Capital Inc NWSKF



GREY:NWSKF - Post by User

Bullboard Posts
Comment by calicheon Jan 16, 2013 2:41pm
181 Views
Post# 20846321

RE: Survey: Mkt expectation on Maiden Resource

RE: Survey: Mkt expectation on Maiden Resource

i have seperated the resource into breccia and surrounding lower grade.. i believe the breccia will mostly be M&I with the low grade being inferred..

 

using the latest dimensions from the MD&A and an assumed grade of 5 g/ton for breccia i get 

 

calculations breccia
   
length 175.00
width 55.00
depth 500.00
cubic mtr 4,812,500.00
tonnage 2.80
tonnes 13,475,000.00
grade 5.00
grams 67,375,000.00
tons 67.38
grams/oz 31.10
tot ounces

2,166,161.90

 

so i will guess 2.16 million M&I with say 300 inferred low grade..

 

2.46 million total plus some silver credits..plus any new ounces in the surrounding ground

PLUS any new deposits found this season..

 

the initial resource is only the first snapshot of this major new discovery in one of the largest new districts in mexico..it will grow and any underground ounces will be captured in any update if we are not bought immediately after the release..

 

caliche

Bullboard Posts