RE:Explanation of previous post
GoldExecute wrote: For whatever reason... Stockhouse has adds overwrite the information I provided with advertisements.... Anyway, to calculate Gram meters, all you do is multiply the intercept times the thickness. If you were to look at DH CM-1 based on the 2014 MS Assay, you would see that the Drill intercept went from 170.4 Gram meters to 25.74 Gram meters... If you look at each hole, if you see a negative amount, then the gram meters intercept went down from Fire Assay to Metalic Screen. If you look at the total, you will notice that the total for all the holes in the Feb. press release went down 227 gram meters from the fire Assay to the Metalic Screen.
As an investor, you should also look at the number of intercepts per hole. Of interest is that from CM -1 through CM-10 reported here, that the total gram meter intercept went from 700.1 gram meters to 265.1 gram meters. .,,,
Anyone looking at this should also compare all previous P/R with 2011 Drill holes to the Current Metalic Screens.
Obviously, you could do much more in depth analysis as to what this means. You could look at 2011 thickness to 2014, you could look at if they are in the same interval.
When I have time, I hope to look at previous P/R data and see what they look at... But this is significant relative to total holes being analized.....
Goldex,
Interesting analysis. Thx for sharing.
Maybe someone will add some statistical analysis of the differences, perhaps test the null hypothesis which would be that the two samples are unrelated. The data should disprove H-zero but the confidence levels would be interesting.
Of course the follow-up analysis would be what are the probability of such a difference between the two halves of an NQ core.
My own two cents is that variances between halves is to be expected in a nuggety deposit and that neither core half is necessarily a reasonable sample of the overall deposit. Thus the nugget effect problem -- you know the gold is there (the BBoS told us it was) but the data just can't prove it is... :)