RE:Cantor Fitzgeralds Oct 23rd reportCantor is modeling an
indicated resource using
15m spacing.
Assuming 15m resolution, Cantor ends up with a block measuring 150m strike and 300m depth. The strike is only representative less than a quarter of the total strike at Arrow. At the same time, Cantor is likely including alot of the low grade material above the h/g core (e.g. AR-15-30, 92m @ 0.49%). This is going to lower their avg grade assumptions while also expanding (diluting) the rock volume.
This estimate is not that much different from
my own in that we were attempting to guesstimate what would be in the maiden resource. Cantor is using 15m areas of influence to calcuate an
indicated resource. How many indicated pounds does Triple R have? All anyone quotes is the inferred resource. No matter... the indicated pounds at Arrow have already eclipsed Triple R and will only continue to build on its lead.