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RESERVOIR MINERALS INC V.RMC

"Reservoir Minerals Inc is engaged in the acquisition, exploration and development of mineral properties in Serbia, Cameroon, Gabon, Macedonia and Romania."


TSXV:RMC - Post by User

Comment by 7heSpeculatoron Aug 14, 2013 4:52am
215 Views
Post# 21668610

RE:Analyst Tour Scheduled for Week of Sept. 11

RE:Analyst Tour Scheduled for Week of Sept. 11PSJ,
I like your enthiusium, but just to put a damper on it...

50-150Mt, that equates to an ore body which is:

50m wide x 100m deep (14,000tones/m)
so would need to be 3.5km - 10.5km long

I'd love to be a share holder of a 25% owner of that deposit, but I dont think it fits into the drilling geometry, personally I'm thinking 10-15M @ 5% Cu eq or if you drop the grade and pick up some of the deeper and lower grade  H-Sulphidation ore perhaps up to 25Mt but at a grade of ~3.5% Cu eq

I too have dismissed the porphyry mineralisation as a distraction given todays costs/metal prices and the depth.

TS


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