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Newcastle Minerals Ltd A.NCM


Primary Symbol: V.NCM



TSXV:NCM - Post by User

Bullboard Posts
Post by Qbar82dvon Aug 28, 2015 10:48am
220 Views
Post# 24059258

Bulk sample

Bulk sample The 10,000 T bulk sample had to be a representative sample of the deposit in the high grade mining areas. The fact that it produced approx 1800 oz more than the estimate is significant (5800 actual vs the estimate 4000. Numbers from my memory). I believe that the head grades will average 10% to 20% higher than the feasibility estimate. Rather than the deep discount all the talking heads and others have to attach to this deposit.
Bullboard Posts