RE:Anyone done a comparison between ALP and NGC?https://alabamagraphite.com/news/alabama-graphite-corp-files-technical-report-for-the-coosa-graphite-project/
Resource reported: 38M Tons Indicated at 2.6%Cg. 27M Tons Inferred at 2.87%Cg
Vancouver, BC – September 3, 2013 Alabama Graphite Corporation (“Alabama Graphite” or the “Company”) (CNSX:ALP) (Frankfurt: 1AG.F WKN A1J35M) (OTC:ABGPF) announces the filing of a technical report titled “Technical Report, Alabama Graphite Corp., Coosa Project” dated August 30, 2013 (the “Technical Report”). The Technical was prepared by Scott E. Wilson and Dr. Steward D. Redwood of Metal Mining Consultants Inc., qualified persons under National Instrument 43-101.
The maiden resource estimate for the Coosa Graphite Project, Coosa County, Alabama, is based on the results of a 69 hole, 20,414 foot drill program. The indicated resource is estimated at 38.2 million tons grading 2.60% graphitic carbon (“Cg”), based on a 2.0% Cg cutoff. In addition there is an inferred resource estimated at 27.0 million tons grading 2.87% Cg.
Graphitic Carbon Indicated Mineral Resources
|
Tons
|
Graphitic Carbon (Cg%)
|
Tons Cg
|
|
38,159,000
|
2.60
|
992,134
|
Graphitic Carbon Inferred Mineral Resources
|
Tons
|
Graphitic Carbon (Cg%)
|
Tons Cg
|
|
26,992,000
|
2.87
|
774,670
|
https://www.northerngraphite.com/wp-content/uploads/2013/05/May-7-PR.pdf
Bissett Creek Resource Estimate, May 6, 2013
Measured + Indicated Resources
1.02 Cutoff
69,791,000 Tonnage
1.74 Cg%
1,213,000 In Situ Graphite (t)
Inferred Resources
24,038,000 Tonnage
1.65 Cg%
396,000 In Situ Graphite (t)